RAW MATERIALS INVENTORY MODEL APPLIED BY REGIONAL ENTERPRISES OF THE INDUSTRIAL CLUSTER

RAW MATERIALS INVENTORY MODEL APPLIED BY REGIONAL ENTERPRISES OF THE INDUSTRIAL CLUSTER

For the effective functioning of the industrial enterprises and optimization of the production capacities it is necessary to predict the optimum inventory level of a production line on the basis of logistical approaches and studying the demand for products. Studies were conducted using the example o...

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Bibliographic Details
Main Authors: Olga Mihailovna Perminova, Galina Anatolievna Lobanova, Rinat Vasilovich Faizullin
Format: Article
Language:English
Published: 4S go, s.r.o. 2019-06-01
Series:Acta Logistica
Subjects:
regional industrial cluster
raw materials inventory
inventory control
mathematical model
Online Access:http://actalogistica.eu/issues/2019/II_2019_02_Perminova_Lobanova_Faizullin.pdf
Description
Summary:For the effective functioning of the industrial enterprises and optimization of the production capacities it is necessary to predict the optimum inventory level of a production line on the basis of logistical approaches and studying the demand for products. Studies were conducted using the example of one industrial enterprise from the Udmurt Republic and there was proposed the inventory control model with the help of exponential smoothing and confidence interval.
ISSN:1339-5629

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