The Use of Stochastic Stock Model for Determination of the Optimal Quantity of Supply

Petr Průša, Roman Hruška

Abstract


This article deals with the use of stochastic model for determination of the optimal quantity of supply of supplier to automotive industry. Today manager's practice emphasizes the decrease of stocks. The main issues considered in this topic are: the mathematical stochastic stock model to determine the optimal quantity supply.

Keywords


stock ; supply ; warehouse ; cost ; abc analysis ; inventory management ; company

Full Text:

PDF

Refbacks

  • There are currently no refbacks.