Inventory Control: A Simulation And Decision Support System  

Oleh:

Sobotka, Anna

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Simulation vol. 71 no. 3 (Mar. 1995), page 141-154.
Topik: Inventory control; simulation model; two-level system; logistic supply; construction company
Fulltext: 141.pdf (1.0MB)

Isi artikel

The creation of inventories occurs in logistic chains of goods flow. This results from both technological conditions and from the rationalisation requirements of organisational activities. In logistic chains within single companies, there are inventory systems of different levels. This article presents an example of a two-level system of inventory control in construction company logistics. In order to investigate and analyse this system, a simulation model was employed. The results obtained from the simulation were used to select input parameters which radically influence the functioning of the system. Selected parameters were used to build a criterion function. Total inventory costs are presented as a regression function. The analytical form of a cost function arrived at in this way allows the examination of tendencies in forming logistic costs in relation to controlling changes in variables. Here we propose employing simulators of inventory systems in decision support systems (DSS) for the logistics of a company’s physical supply of products, in-process materials and raw materials.

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