Storage Efficiency As a Managerial Optimization Problem
2015
The paper derives efficient methods for solving basic
fundamental tasks of warehouse logistics in what amount and
when to resupply the stocks by means of the “case-based
reasoning” approach. The aim is to give a satisfactory
response, including its economic interpretation under
conditions of uncertainty. Therefore, the discrete case is
first studied in detail by means of the tools of microeconomic
analysis and accomplished results are then generalized by the
limiting transition to the continuous case. In both cases, the
discreet and continues one, the method relies on the value of
the newly established indicator of the storage efficiency,
which indicates that what inventory items are worth storing in
the case of the limited storage capacity. Its value depends on
the fragment of the probability distribution of the demand
during the delivery time.
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