TY - GEN
T1 - APPLICATION OF A SIMULATION OPTIMIZATION SYSTEM FOR A CONTINUOUS REVIEW INVENTORY MODEL.
AU - Haddock, Jorge
AU - Bengu, Golgen
PY - 1987
Y1 - 1987
N2 - The system described is a combination of a simulation generator, output analysis techniques, and optimization procedures. The simulation generator translates the description of a continuous-review inventory control system into a SIMAN simulation model. The output analysis techniques estimate the mean and variance of the observations generated by the simulation program. The optimization techniques systematically generate the alternative scenarios and identify the optimal scenario. The simulation results are validated using the analytical solution to the problem.
AB - The system described is a combination of a simulation generator, output analysis techniques, and optimization procedures. The simulation generator translates the description of a continuous-review inventory control system into a SIMAN simulation model. The output analysis techniques estimate the mean and variance of the observations generated by the simulation program. The optimization techniques systematically generate the alternative scenarios and identify the optimal scenario. The simulation results are validated using the analytical solution to the problem.
UR - http://www.scopus.com/inward/record.url?scp=0023548906&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0023548906&partnerID=8YFLogxK
U2 - 10.1145/318371.318617
DO - 10.1145/318371.318617
M3 - Conference contribution
AN - SCOPUS:0023548906
SN - 0911801324
SN - 9780911801323
T3 - Winter Simulation Conference Proceedings
SP - 382
EP - 390
BT - Winter Simulation Conference Proceedings
PB - ACM
ER -