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The Optimal Inventory Modeling and The Cost Sensitivity Analysis with Reducing Inventory Investment

재고투자 감축에 따른 재고모형과 비용 감도 분석

  • 권희철 (가천대학교 산업경영공학과)
  • Received : 2013.11.30
  • Accepted : 2013.12.20
  • Published : 2013.12.28

Abstract

The business cycle during a recession leads to negative effects on raising funds and operations management of company. In particular, the company with many inventories in the recession causes liquidity problem. Which leads to frustration in the competitive strategy management. In this case the company experiencing cash or liquidity problems attempts to reduce its investment in inventory. However, reducing inventory investment makes problems to increase inventory operating costs. This paper presents sensitivity of total cost compared to the size for reducing inventory investment. This will guarantee the relevance of the reducing inventory investment. Optimal Inventory levels also may be required to be less than the optimal levels without reduction on inventory investments.

Keywords

Inventory Investments;Raising funds;Sensitivity Analysis;(ROP,Q) Model;Poisson Process

Acknowledgement

Supported by : 가천대학교

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