A simulation-based model for determining safety inventory at a fixed-time period system
This paper develops a simulation model for determining safety inventory associated with a certain value of cycle service level in a fixed-time period system. The model takes into account actual amount of materials received from suppliers, and deviation from probability distribution of daily forecast...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Blue Eyes Intelligence Engineering and Sciences Publication,
2019.
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Subjects: | |
Online Access: | Get fulltext |