Inventory optimization using simulation approach / Nuridawati Baharom and Pa’ezah Hamzah

• Main Authors: Baharom, Nuridawati, Hamzah, Pa’ezah
• Format: Article
• Language: English
• Published: UiTM Cawangan Perlis 2018
• Subjects: Algorithms; Computer simulation; Detectors. Sensors. Sensor networks
• Online Access: https://ir.uitm.edu.my/id/eprint/55257/1/55257.pdf; https://ir.uitm.edu.my/id/eprint/55257/; https://crinn.conferencehunter.com/
• Institution: Universiti Teknologi Mara

Inventory creates a significant cost to a firm in the form of the ordering cost, shortage cost, holding cost and also the cost of the goods itself. Managing inventory is always a big challenge for firms in order to balance these operating costs and maintain customer’s service. In this paper, a case...