Simulation in inventory management

dc.creatorMarcikic, Aleksandra
dc.creatorRadovanov, Boris
dc.date2017-04-01T19:17:04Z
dc.date.accessioned2026-07-09T05:20:58Z
dc.descriptionIn this paper inventory management is analyzed as an organic part of the supply chain managing process. In today’s competitive economic environment traditional inventory policies should be improved. Simulation models enable a priori managing and analyzing variety of possible results and implication of selected inventory policies. The model presented in this paper uses the Monte Carlo simulation method and variables taken as random, in order to depict a harmonization and integration of dynamic quantitative analysis and theoretical, qualitative concepts of inventory management.
dc.identifierOther:ISSN 1804-0519 (Print) ISSN 1804-0527 (Online)
dc.identifierdoi:10.22004/ag.econ.94592
dc.identifierhttps://ageconsearch.umn.edu/record/94592/files/31_V3_SERBIA_PIEB_Marcikic%20and%20Radovanov_AGR.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/94592
dc.identifier.urihttp://hdl.handle.net/123456789/562455
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/94592
dc.titleSimulation in inventory management
dc.typeText

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