Inventory Control And Management In Commercial Enterprises In The City Of Riobamba In The Digital Age: The Role Of Dynamic Programming And Mathematical Modeling

Abstract

Inventory management has evolved rapidly from conventional techniques to the application of advanced technologies such as artificial intelligence and Big Data thanks to mathematical modeling. This study analyzes the optimization of inventories in the digital age around Dynamic Scheduling, a point in which the advantages that the tools offer in support of decision-making, cost reduction and operational efficiency are highlighted. Through the analysis of practical costs, it is demonstrated how digitization improves the optimal inventory purchase order, the appropriate dates for the placement of orders and the size of each order so that companies do not suffer for any reason from the distressing problem of shortages.