A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise

The article presents a model of stock management of vertically integrated enterprise of holding type consisting of two links of the technological chain. When building the model the cost functions were used and general approaches to their building described. The criterion of searching for optimal...

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Main Authors: Kulyk Anatoliy B., Manzhos Tetіana V
Format: Article
Language:English
Published: PH "INZHEK" 2016-02-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2016-1_0-pages-190_195.pdf
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spelling doaj-da45ba3adf8b4079a6d8b920faa815722020-11-25T01:06:45ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862016-02-011190195A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural EnterpriseKulyk Anatoliy B.0Manzhos Tetіana V1Candidate of Sciences (Physics and Mathematics), Associate Professor, Associate Professor, Department of Higher Mathematics, Kyiv National Economic University named after V. GetmanCandidate of Sciences (Physics and Mathematics), Associate Professor, Associate Professor, Department of Higher Mathematics, Kyiv National Economic University named after V. GetmanThe article presents a model of stock management of vertically integrated enterprise of holding type consisting of two links of the technological chain. When building the model the cost functions were used and general approaches to their building described. The criterion of searching for optimal strategies of the functioning of the holding stock management system is minimization of aggregate costs. It has been proved that under fairly general conditions, the obtained solutions are optimal for the holding as a whole. The algorithm built in the work is illustrated on the example of a particular enterprise. On the basis of statistical data for three years the cost function has been built and the nature of demand for the holding products analyzed and investigated and a statistical forecast of its likely value in the forecast period carried out. A mathematical model of the enterprise’s stock management has been built and the optimal strategy for the functioning of the stock system found. The obtained optimal solutions determine the overall stock level for the enterprise of holding type as a whole and the stock share for each production individuallyhttp://www.problecon.com/export_pdf/problems-of-economy-2016-1_0-pages-190_195.pdfcost functionone-periodic modelmethod of moving average
collection DOAJ
language English
format Article
sources DOAJ
author Kulyk Anatoliy B.
Manzhos Tetіana V
spellingShingle Kulyk Anatoliy B.
Manzhos Tetіana V
A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
Problemi Ekonomiki
cost function
one-periodic model
method of moving average
author_facet Kulyk Anatoliy B.
Manzhos Tetіana V
author_sort Kulyk Anatoliy B.
title A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
title_short A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
title_full A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
title_fullStr A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
title_full_unstemmed A Model of Stock Management of a Vertically Integrated Structure on the Example of the Agricultural Enterprise
title_sort model of stock management of a vertically integrated structure on the example of the agricultural enterprise
publisher PH "INZHEK"
series Problemi Ekonomiki
issn 2222-0712
2311-1186
publishDate 2016-02-01
description The article presents a model of stock management of vertically integrated enterprise of holding type consisting of two links of the technological chain. When building the model the cost functions were used and general approaches to their building described. The criterion of searching for optimal strategies of the functioning of the holding stock management system is minimization of aggregate costs. It has been proved that under fairly general conditions, the obtained solutions are optimal for the holding as a whole. The algorithm built in the work is illustrated on the example of a particular enterprise. On the basis of statistical data for three years the cost function has been built and the nature of demand for the holding products analyzed and investigated and a statistical forecast of its likely value in the forecast period carried out. A mathematical model of the enterprise’s stock management has been built and the optimal strategy for the functioning of the stock system found. The obtained optimal solutions determine the overall stock level for the enterprise of holding type as a whole and the stock share for each production individually
topic cost function
one-periodic model
method of moving average
url http://www.problecon.com/export_pdf/problems-of-economy-2016-1_0-pages-190_195.pdf
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