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Optimalization of production inside logistics chain for 21st century

Keywords: Logistics chains , Optimalization , Dynamic programming , Information technologies

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Abstract:

In today’s world numerous logistics chains exist, competing for similar jobs in different markets throughout the world. By connecting the supply and demand, i.e. production and consumption, logistics chains create national, regional and global logistics network which task is to maximise total generated value. Generated valueis defined as the difference between the price of finished product or service and the input necessary to create such products. The chain profitability is shown by the difference between the income obtained through sale of products or services and total expenditure in that chain. Accordingly, this scientific debate researches the possibilityof production optimisation within logistic chain by application of dynamic programming method with emphasis on information technologies.

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