Evaluation of Stock Management Strategies Reliability at Dependent Demand

Abstract

<jats:p>For efficiently increasing the logistic systems, the core specialists’ attention has to be directed to reducing costs and increasing supply chains reliability. A decent attention to costs reduction has already been paid, so it can be stated that in this way there is a significant progress. But the problem of reliability evaluation is still insufficiently explored, particularly, in such an important sphere as inventory management at the dependent demand.</jats:p> <jats:p>In the article there is a suggested methodical approach that allows calculating the safety stock quantity at the dependent demand in view of supply chains reliability requirements; the variants for different inventory management strategies at the dependent demand are examined; optimal strategy choice algorithm and results of total costs calculation in view of the reliability are given.

Document type: Article

Original document

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DOIS: 10.1515/ttj-2017-0006 10.1016/j.proeng.2017.01.060