The simulation of inventory systems: An overview

Author:

Banks Jerry1,Malavé César O.2

Affiliation:

1. School of Industrial and Systems Engineering Georgia Institute of Technology Atlanta, Georgia 30332

2. Department of Industrial and Management Systems Engineering University of South Florida College of Engineering Tampa, Florida 33620

Abstract

A survey of simulation techniques used in the modeling of in ventory systems was conducted. Six categories of use were formed. Research published in each of the categories was described. Observations were drawn in cases where research was sparse or where researchers seemed to have treated an er ror improperly.

Publisher

SAGE Publications

Subject

Computer Graphics and Computer-Aided Design,Modeling and Simulation,Software

Reference36 articles.

1. A Simulation Analysis of a Multiproduct Multiechelon Inventory-Distribution System.

2. Brown, R.G. Decision Rules for Inventory Management. Holt, Rinehart and Winston, New York ( 1967), 172-174.

3. Virtual Measures: A Variance Reduction Technique for Simulation

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