A Monte Carlo exercise to reduce the excess stock situation in a television factory
This thesis aims to determine the most suitable inventory policy that will give the minimum total cost by finding the optimal amount of goods to order at a time. The Monte Carlo Method, an approach for reconstructing probability distributions based on the selection or generation of random numbers us...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
1987
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/16000 |
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| Institution: | De La Salle University |
| Language: | English |