Vasileva, Liljana and Atanasova-Pacemska, Tatjana and Pacemska, Sanja (2014) Inventory Model for Different Kind of Products – the Capacity of Storage Space as a Constraining Factor. In: Symorg 2014, 6-10 June 2014, Zlatibor, Serbia.
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Abstract
Inventory management is one of the most important logistic tasks in the decision making process.
Many companies are faced with problems of finding an optimal order policy when there are constraints on
some operations. Problems of this type can become rather complicated, so we will illustrate some principles
by looking at problems with constraints in inventory levels. This paper presents an inventory model where
there is a limited amount of storage place. The research is based on data from the warehouse of a company
in Strumica, Republic of Macedonia, which has a chain of supermarkets where there is a different kind of
products. Our purpose in this paper is to calculate the optimal order quantities for different kinds of products
which are determined by the capacity of warehouse place and also minimizing the total order costs and
different inventory costs. In the research we use analytical and simulation methods and the results and
suggested solutions will be discussed.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Natural sciences > Matematics |
| Divisions: | Faculty of Electrical Engineering |
| Depositing User: | Tatjana A. Pacemska |
| Date Deposited: | 02 Jul 2014 13:07 |
| Last Modified: | 02 Jul 2014 13:58 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/10387 |
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