APPLICATION OF A SIMULATION OPTIMIZATION SYSTEM FOR A CONTINUOUS REVIEW INVENTORY MODEL.

Jorge Haddock, Golgen Bengu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Scopus citations

Abstract

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.

Original languageEnglish (US)
Title of host publicationWinter Simulation Conference Proceedings
PublisherACM
Pages382-390
Number of pages9
ISBN (Print)0911801324, 9780911801323
DOIs
StatePublished - Jan 1 1987
Externally publishedYes

Publication series

NameWinter Simulation Conference Proceedings
ISSN (Print)0275-0708

All Science Journal Classification (ASJC) codes

  • Software
  • Modeling and Simulation
  • Safety, Risk, Reliability and Quality
  • Chemical Health and Safety
  • Applied Mathematics

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