Stock management (Gest\~ao de estoques)

Cainan K. de Oliveira, Henrique G. Menck, Pedro Y. Takito, Eliandro Rodrigues Cirilo, Neyva Maria Lopes Romeiro, \'Erica R. Takano Natti and Paulo Laerte Natti

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Abstract: There is a great need to stock materials for production, but storing materials comes at a cost. Lack of organization in the inventory can result in a very high cost for the final product, in addition to generating other problems in the production chain. In this work we present mathematical and statistical methods applicable to stock management. The stock analysis using ABC curves serves to identify which are the priority items, the most expensive and with the highest turnover (demand), and thus determine, through stock control models, the purchase lot size and the periodicity that minimize the total costs of storing these materials. Using the Economic Order Quantity (EOQ) model and the (Q,R) model, the inventory costs of a company were minimized. The comparison of the results provided by the models was performed.

Date: 2018-02, Revised 2018-06
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Published in In: Applied Production Engineering 2. Chapter4. Ponta Grossa: Atena, 2022, v. 2, p. 46-60

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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1802.10003

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