Sedehi, H. with P.Verrecchia, "An Evaluation of the Management of Stocks in a Chemical Company", 1985

ua435

The present article describes an example of the application of the MDS approach (Modelli Dinamici per Strategie - Dynamic Models for Strategies) to the study of criteria for a supply policy and for a consequent economic evaluation of the different supply policies which may be adopted. The aim of the study is limited to an evaluation of the direct economic effects of the different hypothetical policies, excluding those associated with the market and with different production steps. The results of a series of simulations using the model are presented along with an outline of the economic benefits deriving from the adoption of a "tight-rein" stocks policy carrying a reasonable level of risk.

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Date created
  • 1985
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Processing Activity License

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System Dynamic Society Records

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Articles