| Article ID: | iaor20033061 |
| Country: | China |
| Volume: | 20 |
| Issue: | 2 |
| Start Page Number: | 193 |
| End Page Number: | 196 |
| Publication Date: | Jun 2002 |
| Journal: | Journal of Applied Sciences |
| Authors: | Yang Cuirong, Yin Pinglin, Wang Mingzhe |
This article describes how to decide reasonable stocks in the enterprise inventory management. According to the stochastic stock model, it uses queueing theory to determine the optimal stock and discusses how to decide the queueing model in details. It also adopts the classical stochastic inventory theory to determine the safety stock and combines queueing theory with inventory theory effectively to get the optimal control of stock.