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STOCHASTIC INVENTORY CONTROL MODEL WITH TWO STAGES IN ORDERING PROCESS
Journal of Business Economics and Management
The purpose of offered work is the construction of a stochastic single‐product inventory control model for the chain "producer – wholesaler – customer". Given situation takes place in many transport and industrial companies. Criterion of optimization is minimum of average expenses for goods holding, ordering and losses from deficit per a time unit.doi:10.3846/16111699.2006.9636118 fatcat:pwb5nrpx65bircropqhfpdqiwa