A Heuristic Model based Approach to Estimate the Controlling Parameters in SMART Industrial Enterprises

The article reviews the core elements of the mathematical description of the Heuristic model for SMART management in the medium-sized industrial enterprises. Some suitable specific restrictive conditions, as well as criteria for solving the task for achieving smart management on the basis of a heuristic toolset and controlling parameters have been generated and integrated in the model on the basis of the specific characteristics of a medium-sized industrial enterprise. The mathematical expression of the model is reduced to optimization, which facilitates the achievement of efficient smart management in a medium-sized industrial entity.