Affiliation:
1. Department of Finance and Computer Information Systems Loyola Marymount University Los Angeles, California
Abstract
A spreadsheet inventory management simulation model for a reorder cycle system with lost sales is developed. Three alternative implementations of the model are presented: a two dimensional model, a three dimensional model and a two dimensional model using the simulation add-in package @Risk. Tradeoffs of run time and memory requirements for the three implementations are discussed and extensions to the model implementations are presented.
Subject
Computer Graphics and Computer-Aided Design,Modeling and Simulation,Software
Cited by
4 articles.
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