Stochastic automata and supply chain agility in the time-limited supply industry.

No === This paper presents a stochastic automaton approach to stock ordering for retailers of time-limited goods, in the modern supply chain network. The rationale applied is that by ordering in small quantities frequently, overstocking will be reduced, capital liquidity improved and wastage limited...

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Bibliographic Details
Main Authors: Wallace, James, Tsoularis, A., Tassabehji, Rana
Language:en
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10454/3941