OPTIMIZACIJA ZALIHA ZA VIŠE PROIZVODA
MULTI-PRODUCT INVENTORY OPTIMIZATION
Author(s): Branka Marković, Marinko MarkićSubject(s): Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Nezavisni univerzitet Banja Luka
Keywords: inventory; demand; model; costs;
Summary/Abstract: The aim of optimizing stock in companies using models of inventories is to provide as much help to determine the optimal stock. In the contemporary problems of generating income stocks are increasingly important. Inventories, no matter the place emerged in the production cycle can lead to velihig financial savings. How measure management stocks? (updating inventory). What are the basic expenses in inventory management and what you should do to make production profitable with continuous reduction of inventories? To answer all of these questions, it is necessary to specify the categories that can help us determine the optimal ratio of cost of sales. This problem occurs in two ways: as a problem of raw materials as well as the problem of finished products. Due to the nature of the problem it is not possible to formulate a general model of inventories to cover all possible cases. Methodological aspects of inventory optimization is given in the form of a large number of models, each of which addresses specific issues related to inventory optimization. The general formulation of the problem can be expressed as follows: to determine the extent of the stock so that the corresponding costs are minimal. In this paper we will consider only one model for optimizing inventory.
Journal: SVAROG
- Issue Year: 2014
- Issue No: 8
- Page Range: 175-179
- Page Count: 5
- Language: Bosnian