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Background: Stocks of raw materials and finished products are found in all units of logistics systems and require significant financial means of management. For this reason, scientifically justified approaches to stock management and cost minimisation must be explored. Despite the existence of...
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Purpose: Integration of various logistical components in supply chain, such as transportation, inventory control and facility location are becoming common practice to avoid suboptimization in nowadays’ competitive environment. The integration of transportation and inventory decisions is known...
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