Optimal contribution margins in food services using inventory control with statistical dependence
Keywords:
Statistical dependence, multivariate distributions, contribution margins, optimization methods, probabilistic inventory modelsAbstract
- This article compares different statistical models that optimize the contribution margins of food service companies, considering random demand and statistical dependence. Probabilistic models and a differential evolution algorithm are used to maximize contribution margins in inventories of perishable and non-perishable components, achieving an 18.32% and 8.34% increase in margins.
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