Carregant...
Miniatura

Tipus de document

Article

Versió

Versió publicada

Data de publicació

Llicència de publicació

cc-by-nc-nd (c) Univerzitet u Kragujevcu, 2022
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/195587

Enhancing production and sale based on mathematical statistics and the genetic algorithm

Títol de la revista

Director/Tutor

ISSN de la revista

Títol del volum

Resum

Enhancing production and sale has a very significant effect on the competitive advantage of any production enterprise. In practice, especially in companies with highly diversified production, products have a different impact on generating revenue. Therefore, operational management pay attention to the products of the utmost importance. The Pareto analysis is the most broadly used product classification method. It can be said that the results obtained by this analysis are still very burdened by decision-makers' subjective attitudes. This paper proposes a model for selecting products with the biggest impact on generating revenue in an exact way. In the model's first stage, whether there is a linear relationship between volume demand and a discounted amount is analyzed applying mathematical statistics methods. In the second stage, the Genetic Algorithm (GA) method is proposed so as to obtain a near-optimal set of the most important products. The proposed model is shown to be a useful and effective assessment tool for sales and operational management in a production enterprise.

Citació

Citació

NESTIC, Snezana, ALEKSIC, Aleksandar, GIL LAFUENTE, Jaime, LJEPAVA, Nikolina. Enhancing production and sale based on mathematical statistics and the genetic algorithm. _Ekonomski Horizonti_. 2022. Vol. 24, núm. 1, pàgs. 53-68. [consulta: 20 de gener de 2026]. ISSN: 2217-9232. [Disponible a: https://hdl.handle.net/2445/195587]

Exportar metadades

JSON - METS

Compartir registre