2022
DOI: 10.37868/sei.v4i1.id150
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Decision making in inventory control by using artificial neural networks

Abstract: The purpose of this work is to increase the sales of a store devoted to the purchase and sale of soft drinks, even though the store's inventory is overstocked. This occurs as a result of the business's lack of an effective management system that controls product ordering. Additionally, there is no analysis of future sales owing to the variations that may occur because of unforeseen occurrences. The main criterion was that the proprietors of the business submit monthly records from 2017 to July 2019. To accompl… Show more

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Cited by 3 publications
(3 citation statements)
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“…1) Backup copy of the "Mobility" database: As a first step, the backup of the "Mobility" Database was carried out, which is part of a larger research project, originally this database is hosted in the services of AWS (Amazon Web Service) and has information of the trajectories of the objects in the movement of certain days and hours in which the data collection was carried out [18].…”
Section: H Methodological Design Of the Researchmentioning
confidence: 99%
“…1) Backup copy of the "Mobility" database: As a first step, the backup of the "Mobility" Database was carried out, which is part of a larger research project, originally this database is hosted in the services of AWS (Amazon Web Service) and has information of the trajectories of the objects in the movement of certain days and hours in which the data collection was carried out [18].…”
Section: H Methodological Design Of the Researchmentioning
confidence: 99%
“…Moreover, they are cost-efficient and simple to manufacture [16]. Statistical tools are predominantly used for stock management, such as the Monte Carlo simulation method [17]. Also, the supply chain of the products plays a vital role in stock management.…”
Section: Introductionmentioning
confidence: 99%
“…Recently, both work on inventory management and process optimization work are present in the literature, even more so in the beverage sector. However, for the most part, medium and large companies are approached, or more robust (and not so accessible) technologies are used (Abu Zwaida et al, 2021;Cevallos-Torres et al, 2022).…”
Section: Introductionmentioning
confidence: 99%