Modeling for Random Inventory System Based on Monte Carlo Theory and Its Simulation

A reasonable strategy is the key to control stocks in the random inventory system. Yet it is difficulty to design such strategy by analytical method because of the randomness of variables and complex and nonlinear relationship among them. This paper provides a random inventory model with no filling...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Shufeng Jiao, Shaojie Du
Format:	Tagungsbericht
Sprache:	eng
Schlagworte:	Analytical models Computational modeling Delay exhaustive method global optimal strategy Mathematical model Monte Carlo methods Monte Carlo simulation Presses Random variables stochastic inventory
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