Utilize este identificador para referenciar este registo: http://hdl.handle.net/10437/13107
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Campo DCValorIdioma
dc.contributor.authorAssis, Rui-
dc.contributor.authorMarques, Pedro Carmona-
dc.contributor.authorSantos, José Oliveira-
dc.contributor.authorVidal, Raphaela-
dc.date.accessioned2022-09-19T10:52:06Z-
dc.date.available2022-09-19T10:52:06Z-
dc.date.issued2019-
dc.identifier.citationAssis, R.; Carmona Marques, P.; Oliveira Santos, J.; Vidal, R. (2019) . Economic disposal quantity of leftovers kept in storage: a Monte Carlo simulation method. Open Engineering, 2019,9. p. 1-9. DOI: https://doi.org/10.1515/eng-2019-0062pt
dc.identifier.urihttp://hdl.handle.net/10437/13107-
dc.descriptionOpen Engineering, 2019pt
dc.description.abstractThis article describes how to reach an item’s threshold, or in other words, the limit time for it to be re 5 trieved from stock and sold for a different use, as well as the remaining foreseen period for this situation to occur. Once a minimum length, or weight, is reached, left quan tities are more difficult to sell, as demand often exceeds the remaining parts or leftovers. The number of unfulfilled 10 orders increases, as time goes by, until it becomes further cost effective to dispose the leftover and sell it for a lower price and alternative use. A Monte Carlo simulation model was built in order to consider the randomness of future transactions and quantifying consequences providing this 15 way a simple and effective decision-making. KEYWORDS: Decision-making ; Economical Optimization ; Monte-Carlo Simulation ; Stochastic Processen
dc.description.sponsorshipThis work has received funding from the European Union’s Horizon 2020 research and innova tion programme under the Marie Sklodowska-Curie grant agreement 690968.pt
dc.formatapplication/pdfpt
dc.language.isoengpt
dc.rightsopenAccesspt
dc.subjectGESTÃOpt
dc.subjectGESTÃO DE STOCKSpt
dc.subjectTOMADA DE DECISÃOpt
dc.subjectOTIMIZAÇÃOpt
dc.subjectPROCESSOS ESTOCÁSTICOSpt
dc.subjectMANAGEMENTen
dc.subjectSTOCK MANAGEMENTen
dc.subjectDECISION MAKINGen
dc.subjectOPTIMIZATIONen
dc.subjectSTOCHASTIC PROCESSESen
dc.titleEconomic disposal quantity of leftovers kept in storage: a Monte Carlo simulation methodpt
dc.typearticlept
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