Constructing a Potential Obscure Inventory with Practical Application

Abstract

This research involves a continuous review study of inventories to construct a model for potential obscure inventory of cement material for Kirkuk plant for the year (2015) on a quarterly basis in the shed of random demand, which it was built after specimen test and determine the demand distribution during the supply period (the waiting period), then we test the data after removing obscure and found that they are distributed as (Normal Distribution) the research aims to determine the optimum economic amount of the expected production and the expected total cost and determine the expected shortage level and reorder point and after conducting the required mathematical and statistical analyzes of the data by writing algorithm of proposed model by using MATLAB software (R2013aVersion : 8.1) and using special mathematical criteria of quantitative methods identified the importance of obscure grouping theory application and their efficiency in reducing environmental effects faced by the company by controlling on demand levels and keep on inventory costs, as well as the application importance and inventory effectiveness of the potential model in determining the economic quantities of production when the demand is random and obscure and reduced investment in inventories which leading to lower total costs of inventory to a minimum and so as to
give solutions for research problem.