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- W2387357172 abstract "Based on the principles of system dynamics,this paper puts forward an inventory controlling policy which uses estimated mean value and estimated standard deviation of errors to determine order quantity.In the meanwhile,the paper makes a combinatorial analysis of all the policy parameters involved in this inventory strategy,in order to optimize inventory service level and inventory cost.It is found in the paper that the inventory policy based on exponential smoothing prediction is very applicable to the two-stage supply chain with decentralized inventory and periodic review,regardless of the characteristics of demand.Through the policy,satisfactory inventory performance can always be achieved by way of an optimal combination of policy parameters.In addition,the model and simulation described in the paper are highly understandable and practicable,and thus have a very good prospect of application." @default.
- W2387357172 created "2016-06-24" @default.
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- W2387357172 date "2009-01-01" @default.
- W2387357172 modified "2023-09-24" @default.
- W2387357172 title "A Study on System Dynamics of Inventory Policy for Two-stage Supply Chain System" @default.
- W2387357172 hasPublicationYear "2009" @default.
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