Stochastic optimization model for random demand stocks, with storage expenses accounting
The paper presents a possible stock level optimization method, based on a stochastic model. The consume demand for the stored product is considered a discrete random quantity. It was adopted the hypothesis that the repartition law of the demand probability is known for the time interval of stock exi...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2017-01-01
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Series: | MATEC Web of Conferences |
Online Access: | https://doi.org/10.1051/matecconf/201712605001 |