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2013 | OriginalPaper | Chapter

35. Research on the Inventory Model of ERP System in Unstable Demand

Author : Jin-li Zhang

Published in: Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012)

Publisher: Springer Berlin Heidelberg

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Abstract

Based on the cost and profit, considering the unit cost of materials and the material utilization, with the methods of probability theory and mathematical statistics, an ERP inventory control model is proposed under the condition of fluctuating demand. Afterwards, the supply volume and safety stock can be reasonably determined. The rationality and effectiveness of this model is demonstrated from real samples. The model can be applied to and will bring practical guiding significance for the inventory control of modern enterprises.

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Literature
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Metadata
Title
Research on the Inventory Model of ERP System in Unstable Demand
Author
Jin-li Zhang
Copyright Year
2013
Publisher
Springer Berlin Heidelberg
Book
Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012)

Print ISBN: 978-3-642-33011-7

Electronic ISBN: 978-3-642-33012-4

Copyright Year: 2013

DOI
https://doi.org/10.1007/978-3-642-33012-4_35