from the conferences organized by TANGER Ltd. provisional website
In his work, a manager will come across situations, which will require him to make easy or complicated decisions. The company management often has to take into account the sequence of decisions, of which every decision affects the following one. The tool used to find solutions to the consequential types of decision problems is called dynamic programming.A key part of the logistics process is purchasing the necessary raw materials for production for the best possible price.This article deals deals with the subject of optimalization of purchasing BECO alloys (an alloy of copper and beryllium) in order to achieve the highest possible conservation of financial resources, that‘s why the timing of purchase is a deciding factor in terms of the manager‘s responsibilities.Keywords: optimization, management, dynamic programming problem
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