Dynamic Model for Optimization of Production and Finished Products

Abstract

Article presents selected aspects of dynamic modeling for optimization of production and finished products distribution in supply chain. The aim of the paper is development and analysis of dynamic optimization model of the A type of supply chain. Optimization models for fixed and for random demand over planning horizon are given. Appropriate numerical experiments are discussed and relevant results are presented. Conclusions about means of inventory control theory for the models of supply chain. The results obtained show that presented approach may successfully be applied for modeling and optimization of joint activity plans for all participants of SC under consideration.