Proposal of Set of Optimization Criteria and Their Specific Calculation for Effective Inventory Management in an Industrial Enterprise

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F24%3A00002786" target="_blank" >RIV/75081431:_____/24:00002786 - isvavai.cz</a>

Result on the web

<a href="https://www.researchgate.net/publication/380991171_Proposal_of_Set_of_Optimization_Criteria_and_Their_Specific_Calculation_for_Effective_Inventory_Management_in_an_Industrial_Enterprise/fulltext/66588130479366623a314089/Proposal-of-Set-of-Optimization-Cr" target="_blank" >https://www.researchgate.net/publication/380991171_Proposal_of_Set_of_Optimization_Criteria_and_Their_Specific_Calculation_for_Effective_Inventory_Management_in_an_Industrial_Enterprise/fulltext/66588130479366623a314089/Proposal-of-Set-of-Optimization-Cr</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Proposal of Set of Optimization Criteria and Their Specific Calculation for Effective Inventory Management in an Industrial Enterprise

Original language description

Currently, there are many mathematical models and tools for inventory management and optimization. Based on the literature review, the authors conclude that inventory management tools and models are mostly one-sided and focused on the cost aspect of the inventory management process. The research goal was to propose a set of criteria for inventory optimization as a basis for the development of an inventory management model whose structure would consider both the economic aspect and the stochasticity of demand and the reliability of delivery. Optimization criteria are based on extensive analyses of influences and correlations between logistic chain subsystems in relation to inventory. The interactions of the subsystems are then mathematically expressed, which represents the main output of the created set of optimization criteria. The defined criteria can be used as a basis for creating a new optimization model of inventory management.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

21100 - Other engineering and technologies

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

TEM Journal

ISSN

2217-8309

e-ISSN

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Volume of the periodical

13

Issue of the periodical within the volume

2

Country of publishing house

RS - THE REPUBLIC OF SERBIA

Number of pages

7

Pages from-to

1290-1296

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85196086893