Bi-Level Inventory Formalization

A bi-level problem is defined for the optimization of inventory management. This formalization allows the simultaneous delivery of different types of goods according to the required volume of consumption for the production of goods. The resources, which are supplied are strictly related to the production volumes, which minimize the inventory costs. The bi-level optimization problem is defined for the case of delivery of food for diet preparations with appropriate content. The costs for delivery are minimized for a given nutrition content. The empirical comparisons and results of the bi-level inventory management give advantages for the derived optimization problem.

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Publication Details

Journal
WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Published
2024-11-19
DOI
https://doi.org/10.37394/23207.2025.22.8
Citations
1
Primary Topic
Supply Chain and Inventory Management
Type
article
Field-Weighted Citation Impact
0.53
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article

Bi-Level Inventory Formalization

Krasimira Stoilova, Todor Stoilov
1 citations
WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Supply Chain and Inventory Management
0.53
article

Bi-Level Inventory Formalization

Krasimira Stoilova, Todor Stoilov
article en
1 citations

Abstract

A bi-level problem is defined for the optimization of inventory management. This formalization allows the simultaneous delivery of different types of goods according to the required volume of consumption for the production of goods. The resources, which are supplied are strictly related to the production volumes, which minimize the inventory costs. The bi-level optimization problem is defined for the case of delivery of food for diet preparations with appropriate content. The costs for delivery are minimized for a given nutrition content. The empirical comparisons and results of the bi-level inventory management give advantages for the derived optimization problem.

WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICSVol. 22
Bulgarian Academy of Sciences (BG), Institute of Information and Communication Technologies (BG)
Openalex Percentile: Top 22%
Supply Chain and Inventory Management
0.53
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Bi-Level Inventory Formalization — Krasimira Stoilova, Todor Stoilov · WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS (2024) | TGRS Research Map | TGRS