Research on the Inventory Model of ERP System in Unstable Demand

Jin-li Zhang ()
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Jin-li Zhang: Nanchang Institute of Technology

Chapter Chapter 35 in Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012), 2013, pp 345-354 from Springer

Abstract: Abstract Based on the cost and profit, considering the unit cost of materials and the material utilization, with the methods of probability theory and mathematical statistics, an ERP inventory control model is proposed under the condition of fluctuating demand. Afterwards, the supply volume and safety stock can be reasonably determined. The rationality and effectiveness of this model is demonstrated from real samples. The model can be applied to and will bring practical guiding significance for the inventory control of modern enterprises.

Keywords: Discrete variables; ERP theory; Inventory model; Unstable demand (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-33012-4_35

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DOI: 10.1007/978-3-642-33012-4_35

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