Study on Application of Inventory Control Models

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Abstract:

Firstly, the inventory control models were studied, considering of the cost of store and lack of stock. Secondly, both the models of the distribution centre and supplier were presented. Finally, a numeric example was analyzed by applying the models. The results show that the models are easily to be carried out in engineering field, and it is useful to control the inventory and raise the store efficiency.

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624-627

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July 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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DOI: 10.1016/s0925-5273(03)00192-0

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