DETERMINISTIC INVENTORY MODEL AND ITS APPLICATION TO MOUKA FOAM INDUSTRY
ABSTRACT It is often necessary to keep inventory in order to meet with fluctuations in demand and also to avoid shortages that might lead to goodwill. Thus, most companies, to absorb certain fluctuations in demand strictly adhere to safety stock control. This approach could be the deterministic inventory which assumes that demand is known with certainty. The deterministic inventory model which reviews when to place an order or produce more ...
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