Asymptotic methods in optimization of multi-item inventory management model

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dc.contributor.authorHoroshkova, Lidiіaen_US
dc.contributor.authorKhlobystov, Yevgenen_US
dc.contributor.authorVolkov, Volodymyren_US
dc.contributor.authorHolovan, Olhaen_US
dc.contributor.authorMarkova, Svitlanaen_US
dc.contributor.authorGolub, Alexanderen_US
dc.contributor.authorOliynyk, Oleksandren_US
dc.date.accessioned2021-07-20T13:03:11Z
dc.date.available2021-07-20T13:03:11Z
dc.date.issued2020
dc.description.abstractThe study proposes asymptotic methods for optimizing multi-item inventory model. To achieve the objective of the study, formulas of the optimal value of multi-item delivery frequency based on the asymptotic approach under conditions of minor changes in the input parameters have been obtained. The discrete increase in the execution costs and inventory holding costs which depend on the “small parameter” as well as a gradual increase in periodic fluctuations in demand for products have been taken as variable parameters of the system. Easytouse analytical formulas for determining optimal order interval when ordering and inventory holding costs, as well as demand meet insufficient changes have been obtained. Testing of the proposed approach to the multi-item inventory model has been carried out on the example of HoReCa regional market segment. The proposed formulas allow to apply the obtained results for optimization and forecasting of decision-making in the system of procurement logistics of a company amid variation of input parameters describing changes of external and internal business environment.en_US
dc.identifier.citationAsymptotic methods in optimization of multi-item inventory management model [electronic resource] / Horoshkova L., Khlobystov I., Volkov V., Holovan O., Markova S., Golub A., Oliynyk O. // CEUR Workshop Proceedings Special Edition of International Conference on Monitoring, Modeling and Management of Emergent Economy, M3E2-MLPEED 2020; Odessa; Ukraine; 13-18 July 2020. - 2020. - Vol. 2713. - P. 393-414.en_US
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/20433
dc.language.isoenen_US
dc.relation.sourceCEUR Workshop Proceedings Special Edition of International Conference on Monitoring, Modeling and Management of Emergent Economy, M3E2-MLPEED 2020en_US
dc.statusfirst publisheden_US
dc.subjectmulti-item orderen_US
dc.subjectoptimal orderen_US
dc.subjectdelivery intervalen_US
dc.subjectsmall parameteren_US
dc.subjectasymptotic methodsen_US
dc.subjectconference materialsen_US
dc.titleAsymptotic methods in optimization of multi-item inventory management modelen_US
dc.typeConference materialsen_US
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