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The Use of Optimization Business Process Method Based on Multi-Phase Optimization Models in Milk-Processing Industry

Author

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  • Petak, Bostjan
  • Pavlovic, Martin
  • Rozman, Crtomir

Abstract

An approach towards a use of multiphase optimization models for a decision making in milk processing industry is demonstrated. A model formation bases on analysis of a production and marketing process of cheese and milk products. The next phase in modeling is a construction of a graphical model structure based on Petry's net principle and preparation of all necessary input data for the computer handling (LOMP). A final phase in modeling is interpretation of computer calculated results (economic analysis) suitable for business decision-making. First test results validate the application of the model for further research.

Suggested Citation

  • Petak, Bostjan & Pavlovic, Martin & Rozman, Crtomir, 2010. "The Use of Optimization Business Process Method Based on Multi-Phase Optimization Models in Milk-Processing Industry," 2010 Conference: Modern management challenges in the agro-food sector, March 18-19, Pivola, Slovenia 183838, Slovenian Association of Agricultural Economists (DAES).
    • Handle: RePEc:ags:slco10:183838
    DOI: 10.22004/ag.econ.183838
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    Keywords

    Marketing; Production Economics;

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