A Simple Supply Chain Model Using Statistical Techniques with Solved Examples
Year: 2026
Type: article
Abstract: Efficient supply chain management is essential for reducing costs, avoiding shortages, and satisfyingcustomer demand. This research paper presents a simple supply chain model using basic statistical techniquessuch as demand forecasting, mean, standard deviation, safety stock, and reorder point. The paper is written insimple language and includes solved numerical examples so that undergraduate students and beginners caneasily understand the concepts. The study shows how statistics helps decision-making in inventory control andsupply chain planning.
Author: Mr. Omkar Deelip Patil
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7130854961
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