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...

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Bibliographic Details
Main Authors: Kien, L. T. T., Ma'aram, A., Hassan, S. A. H. S., Ngadiman, N. H. A., Kadir, A. Z. A.
Format: Article
Language:English
Published: Blue Eyes Intelligence Engineering and Sciences Publication 2019
Subjects:
Online Access:http://eprints.utm.my/id/eprint/90496/1/AzanizawatiMaaram2019_ASimulationBasedModel.pdf
http://eprints.utm.my/id/eprint/90496/
http://dx.doi.org/10.35940/ijitee.L2566.1081219
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Institution: Universiti Teknologi Malaysia
Language: English