Keywords:clothing company, innovation, inventory management, mathematical model, procurement, small business, the retail company
Citation: Aleksandra Lazukina (2009). Innovation in small businesses - the mathematical model to help the intuition in the purchase of fabric for garment production. Russian Journal of Entrepreneurship, 10(7), 133-138. — url: http://bgscience.ru/com/lib/1720
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Abstract:
The article describes a mathematical model of calculation, allowing sewing enterprise to make better procurement in the market, particularly in carrying out the orders for the retail companies. The proposed algorithm can be used in other industries to optimize the procurement process.