STOCK MODEL WITH VARIABLE PRICES AND KNOWN PROBABILITY Cover Image

MODEL ZALIHA SA PROMJENJIVOM CIJENOM I POZNATOM VJEROVATNOĆOM
STOCK MODEL WITH VARIABLE PRICES AND KNOWN PROBABILITY

Author(s): Branka Marković, Marinko Markić
Subject(s): Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Nezavisni univerzitet Banja Luka
Keywords: stocks; model; price; probability;

Summary/Abstract: Inventory problem is becoming more relevant in the modern economy. The problem arises as a problem of raw material supplies and finished goods inventory problem. Other group of problems is not treated isolate, but also includes broader aspects associated with the business. Due to the nature of the problem one general model which includes all solutions optimize inventory. General formulation solutions can be expressed in terms of determining the volume of stocks at minimal costs. This request seems simple but to set up and resolve the problem can be complex, and depends on a large number of elements. First of all it is necessary to specify the costs but we must take into account the different production organization. This paper discusses with varying prices and with known probability.

  • Issue Year: 2015
  • Issue No: 10
  • Page Range: 345-349
  • Page Count: 5
  • Language: Bosnian
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