Possibility of linking inventory models with logistics method JIT

This thesis deals with the interconnection of inventory models and logistic control methods. The purpose of the thesis is to apply inventory models for the production company and its subsequent connection with the selected logistic method. Based on the data, future demand is estimated. For items that are described by a probability distribution, they explain how likely the values will be at the certain interval. Demand for items whose consumption values are of a random nature is estimated using the exponential balancing method. Stochastic models are selected for inventory optimization if monthly consumption data is described by a probable distribution. For other items, deterministic models are selected at approximate annual demand. For these items, aggregation of orders is then considered. In addition, for all models, variable delivery costs are taken into an account. Finally, a possible link to the chosen logistic method JIT is described. The calculations are executed in MS Excel. At the end of the thesis there are recommendations for the company.