APPLICATION OF COPULA AND VAR IN RISK APPRAISAL FOR CUSTOMER DEMAND IN LUBRICANT OIL WHOLESALE BUSINESS

Chaichana Suedumrong; Komgrit Leksakul

Proceedings of ICLT 2018

APPLICATION OF COPULA AND VAR IN RISK APPRAISAL FOR CUSTOMER DEMAND IN LUBRICANT OIL WHOLESALE BUSINESS

Chaichana Suedumrong; Komgrit Leksakul

Department of Industrial Engineering, Faculty of Engineering, Chiang Mai University, Thailand; Excellence Center in Logistics and Supply Chain Management, Chiang Mai University, Thailand

International Conference on Logistics & Transport 2018, Okinawa, Japan, pp. 8-16

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Abstract

The sales data of Lampang Lube Oil Company was used in the study. The company is a distributor of PTT lubricants in Lampang and northern Thailand retailing and wholesaling only for PTT lubricants trade mark. With the highly appreciation from PTT company, then this company got more discount rate than other competitors. No inventory shortage or highly customer’s satisfaction is the strictly service policy for this company.

Keywords

inventory; trade; Thailand; policy

Citation

Chaichana Suedumrong; Komgrit Leksakul (2018). APPLICATION OF COPULA AND VAR IN RISK APPRAISAL FOR CUSTOMER DEMAND IN LUBRICANT OIL WHOLESALE BUSINESS. Proceedings of the International Conference on Logistics & Transport (ICLT 2018), Okinawa, Japan, pp. 8-16.