Multivariable Stock Management Model Applied to a Newly Established Nut Tree Processing Factory
Maria Tokusheva ()
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Maria Tokusheva: University of Economics - Varna
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2018, vol. 7, issue 3, 168-174
Abstract:
Model for the management of multivariable stocks for the purposes of a newly-created nut-processing plant for the normal and continuous running of the production and business activity of the enterprise, the proper planning of the necessary volume of stock-inventories is especially influential. In practice, there are frequent situations where there are limitations on the amount of inventory available for a particular reason. In this report, the management model for multivariable stocks is adapted to the activity of a nut tree processing plant whose activity the quantity of raw materials supplied must be within certain limits. This imposes an additional limitation on minimum and maximum allowable volumes of deliveries.
Keywords: stocks, optimization; multivariable stocks (search for similar items in EconPapers)
JEL-codes: C61 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:7:y:2018:i:3:p:168-174
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