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Keywords: Probabilistic inventory models
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Journal Articles
Academia Revista Latinoamericana de Administracion (2016) 29 (4): 450–485.
Published: 07 November 2016
.... The contribution margins are optimised by using probabilistic inventory models for each component and stochastic programming with a differential evolution algorithm. Findings When compared to the non-optimised system previously used by the company, the (average) expected contribution margin increases by 18.32 per...
