Metallurgy, Vol. 51 No. 2, 2012.
Professional paper
Optimization of inventory management in foundry in terms of an economic order quantity
J. Szymszal
; The Silesian University of Technology, Faculty of Materials Science and Metallurgy Katowice, Poland
B. Gajdzik
; The Silesian University of Technology, Faculty of Materials Science and Metallurgy Katowice, Poland
J. Piątkowski
; The Silesian University of Technology, Faculty of Materials Science and Metallurgy Katowice, Poland
J. Kliś
; Centrostal Górnośląski, Katowice, Poland
Abstract
Recording of inventory and constant monitoring have a huge impact on the cost level of enterprises operating in the metallurgical sector. The article presents methods to optimize the inventory management in terms of a size of orders. This applies to the assumed cost of storage, procurement, expenditure in time unit and unit prices calculated for a range of castings. As an optimization tool, functions and modules supplied with the MS Excel spreadsheet have been used.
Keywords
computer-aided foundry production; logistics; order quantity
Hrčak ID:
74872
URI
Publication date:
2.4.2012.
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