Inventory Optimization Using Simulation Approach
Inventory creates a significant cost to a firm in the form of the ordering cost, shortage cost, holding cost and also the cost of the goods itself. Managing inventory is always a big challenge for firms in order to balance these operating costs and maintain customer’s service. In this paper, a case...
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Format: | Article |
Language: | English |
Published: |
Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA Perlis
2018-11-01
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Series: | Journal of Computing Research and Innovation |
Online Access: | https://crinn.conferencehunter.com/index.php/jcrinn/article/view/93 |