Modeling the Supply Process Using the Application of Selected Methods of Operational Analysis

Modeling the Supply Process Using the Application of Selected Methods of Operational Analysis

Supply process is one of the most important enterprise activities. All raw materials, intermediate products and products, which are moved within enterprise, are the subject of inventory management and by their effective management significant improvement of enterprise position on the market can be a...

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Bibliographic Details
Main Authors: Chovancová Mária, Klapita Vladimír
Format: Article
Language:English
Published: De Gruyter 2017-03-01
Series:Open Engineering
Subjects:
inventory theory
stochastic models
static models
stationary models
fixed order quantity
fixed order period
Online Access:https://doi.org/10.1515/eng-2017-0009
Description
Summary:Supply process is one of the most important enterprise activities. All raw materials, intermediate products and products, which are moved within enterprise, are the subject of inventory management and by their effective management significant improvement of enterprise position on the market can be achieved. For that reason, the inventory needs to be managed, monitored, evaluated and affected. The paper deals with utilizing the methods of the operational analysis in the field of inventory management in terms of achieving the economic efficiency and ensuring the particular customer’s service level as well.
ISSN:2391-5439

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