haku: @indexterm Materials management / yhteensä: 197
viite: 109 / 197
| Tekijä: | Kingsman, B. G. |
| Otsikko: | Purchasing raw materials with uncertain fluctuating prices. |
| Lehti: | European Journal of Operational Research
1986 : JUN, VOL. 25:3, p. 358-372 |
| Asiasana: | PURCHASING MATERIALS MANAGEMENT MANUFACTURING INDUSTRY FINANCE TIME SERIES |
| Kieli: | eng |
| Tiivistelmä: | Purchasing, particularly the problem of buying materials whose prices are continually fluctuating in a stochastic uncertain manner over time, is a neglected area of the classical inventory control literature. The component stages of the commodity purchasing decision and hence the different approaches and skills required are identified. Various methods and models that have been proposed and applied to the different stages are described. Important aspects are the inadequacy of classical inventory models, the application of linear programming to the blending problem, price forecasting via econometric and time series analysis and sequential decision making for day to day buying. |
SCIMA