IDEAS home Printed from https://ideas.repec.org/a/vrn/journl/y2013i4p51-62.html
   My bibliography  Save this article

Optimizing the Allocation of Material Flow in a Logistics System

Author

Listed:
  • Tanka Milkova

    (Varna University of Economics)

Abstract

The article is devoted to the issue of the optimum allocation of material flow in a logistics system, the author’s proposition being that the allocation and movement of the material flow in a logistics system can be rationalized, based on the use of special approaches and techniques. There is presented the economic formulation of the problem and is constructed the economic and mathematical model ensuring the movement of the material flow in a logistics system at minimum cost of its transportation and storage in the system. There is put forward a method for finding the optimal solution of the economic and mathematical model designed in this way and is presented its approbation on the basis of sample numerical data, through which there is shown the benefit of its actual application in the practice.

Suggested Citation

  • Tanka Milkova, 2013. "Optimizing the Allocation of Material Flow in a Logistics System," Business & Management Compass, University of Economics Varna, issue 4, pages 51-62.
    • Handle: RePEc:vrn:journl:y:2013:i:4:p:51-62
    as

    Download full text from publisher

    File URL: http://journal.ue-varna.bg/uploads/20150220081913_125338915854e6ee0154b1c.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    optimization; material flow; logistics system;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrn:journl:y:2013:i:4:p:51-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Yana Doneva (email available below). General contact details of provider: https://edirc.repec.org/data/uevarbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.