Study on Application of Vendor Managed Inventory Model

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Abstract:

Firstly, the inventory models were analyzed, and the symbol and assumptions were given out. Then the models of the distribution centre and supplier were studied. Finally, a numeric example was given out 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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Periodical:

Advanced Materials Research (Volumes 989-994)

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1481-1484

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July 2014

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© 2014 Trans Tech Publications Ltd. All Rights Reserved

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