THE MODEL OF DYNAMIC SIMULATION OF BUSINESS PLAN APPLIED IN CHEMOSVIT FÓLIE A. S

The model described in the paper is created based on detailed analysis of historical data of sales for specific motives, products, assortment groups for individual plants (customers) what allows to precise the prognosis of their future demand and resulting requirements for inputs into production, lo...

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Bibliographic Details
Published inThe International Journal of Transport & Logistics Vol. 17; no. 42; pp. 37 - 47
Main Authors Pitoňák, Martin, Malindžák, Dušan, Volner, Dávid
Format Journal Article
LanguageEnglish
Published Kosice University of Belgrade, Faculty of Mining and Geology 01.01.2017
Subjects
Business plans
Computer simulation
Consumption
Customers
Data processing
Design
Logistics
Performance evaluation
Production planning
Sales
Strategic planning
Suppliers
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Summary:The model described in the paper is created based on detailed analysis of historical data of sales for specific motives, products, assortment groups for individual plants (customers) what allows to precise the prognosis of their future demand and resulting requirements for inputs into production, load of individual production nodes, investments needs, performance evaluation of sales department as well as individual sellers, revenue estimation. Moreover, the proposed model takes into account the job sizes, their number and/or frequency of occurrence and specific signs of purchasing behaviour typical for individual customers (e.g. seasonal nature).
ISSN:1451-107X
2406-1069