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The optimal inventory management is vital for production or trading enterprise. Distribution network is based on the principle of hierarchical structure. Its elements are independent companies operating in their own interests, trying to optimize there own stocks. It is more effective to optimize inventory in such multi-echelon distribution network as integral system through application of VMI approach. Results of simulation show behavior strategies of the center, resellers, and retailers that lead to an optimal level of inventory in the system as a whole and each of elements in particular.
The optimal inventory management is vital for production or trading enterprise. Distribution network is based on the principle of hierarchical structure. Its elements are independent companies operating in their own interests, trying to optimize there own stocks. It is more effective to optimize inventory in such multi-echelon distribution network as integral system through application of VMI approach. Results of simulation show behavior strategies of the center, resellers, and retailers that lead to an optimal level of inventory in the system as a whole and each of elements in particular.
