System dynamics simulation model for inventory optimisation of manufacturers: a case study in electrical industry

• Main Authors: Mofarrahi, Maryam, Galankashi, Masoud Rahiminezhad, Syed Ahmad Helmi, Syed Ahmad Helmi, Mokhatab Rafiei, Farimah
• Format: Article
• Published: Inderscience Publishers 2023
• Subjects: TJ Mechanical engineering and machinery
• Online Access: http://eprints.utm.my/107030/; http://dx.doi.org/10.1504/ejim.2023.131364
• Institution: Universiti Teknologi Malaysia

System Dynamics (SD) is an approach to understand the behaviour of complex systems over the time. Although SD has been applied in different areas, its integration with fuzzy inventory optimisation is less investigated. In addition, customers’ demand fluctuation is a significant factor in inventory o...