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SIMULATION http://sim.sagepub.com A Simulation Model for Multi-Product Inventory Control Management
Masood A. Badri SIMULATION 1999; 72; 20 DOI: 10.1177/003754979907200103 The online version of this article can be found at: http://sim.sagepub.com/cgi/content/abstract/72/1/20
Published by: http://www.sagepublications.com On behalf of:
Society for Modeling and Simulation International (SCS)
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Downloaded from http://sim.sagepub.com at PENNSYLVANIA STATE UNIV on April 17, 2008 © 1999 Simulation Councils Inc.. All rights reserved. Not for commercial use or unauthorized distribution.
TECHNICAL ARTICLE
A Simulation Model for Multi-Product
Inventory Control Management
Masood A. Badri
United Arab Emirates University Faculty of Business & Economics Department of Business Administration Al-Ain, United Arab Emirates E-mail: Masood@uaeu.ac.ae
A simulation based-decision support system for multi-product inventory control management is developed. The system permits management to obtain an inventory system-wide view of the effect of changes in decision variables on the performance measures of a furniture manufacturing firm. The simulation model considers the effect of variations in demand, re-order point, stock-control level, time between reviews, and lead time. The decision support system generates policy scenarios based on management specifications. The effect of each scenario on system performance is then analysed. A set of search methods is combined with the DSS to aid in the optimisation process. The developed
Masood A. Badri SIMULATION 1999; 72; 20 DOI: 10.1177/003754979907200103 The online version of this article can be found at: http://sim.sagepub.com/cgi/content/abstract/72/1/20
Published by: http://www.sagepublications.com On behalf of:
Society for Modeling and Simulation International (SCS)
Additional services and information for SIMULATION can be found at: Email Alerts: http://sim.sagepub.com/cgi/alerts Subscriptions: http://sim.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations (this article cites 18 articles hosted on the SAGE Journals Online and HighWire Press platforms): http://sim.sagepub.com/cgi/content/refs/72/1/20
Downloaded from http://sim.sagepub.com at PENNSYLVANIA STATE UNIV on April 17, 2008 © 1999 Simulation Councils Inc.. All rights reserved. Not for commercial use or unauthorized distribution.
TECHNICAL ARTICLE
A Simulation Model for Multi-Product
Inventory Control Management
Masood A. Badri
United Arab Emirates University Faculty of Business & Economics Department of Business Administration Al-Ain, United Arab Emirates E-mail: Masood@uaeu.ac.ae
A simulation based-decision support system for multi-product inventory control management is developed. The system permits management to obtain an inventory system-wide view of the effect of changes in decision variables on the performance measures of a furniture manufacturing firm. The simulation model considers the effect of variations in demand, re-order point, stock-control level, time between reviews, and lead time. The decision support system generates policy scenarios based on management specifications. The effect of each scenario on system performance is then analysed. A set of search methods is combined with the DSS to aid in the optimisation process. The developed
Citations: Downloaded from http://sim.sagepub.com at PENNSYLVANIA STATE UNIV on April 17, 2008 © 1999 Simulation Councils Inc.. All rights reserved. Not for commercial use or unauthorized distribution. Downloaded from http://sim.sagepub.com at PENNSYLVANIA STATE UNIV on April 17, 2008 © 1999 Simulation Councils Inc.. All rights reserved. Not for commercial use or unauthorized distribution.