scholarly journals Application of a simulation optimization system for a continuous review inventory model

Author(s):  
Jorge Haddock ◽  
Golgen Bengu
2013 ◽  
Vol 694-697 ◽  
pp. 2742-2745
Author(s):  
Jin Hong Zhong ◽  
Yun Zhou

Abstract. A cross-regional multi-site inventory system with independent Poisson demand and continuous review (S-1,S) policy, in which there is bidirectional transshipment between the locations at the same area, and unidirectional transshipment between the locations at the different area. According to the M/G/S/S queue theory, birth and death process model and approximate calculation policy, we established inventory models respectively for the loss sales case and backorder case, and designed corresponding procedures to solve them. Finally, we verify the effectiveness of proposed models and methods by means of a lot of contrast experiments.


2015 ◽  
Vol 14 (2) ◽  
Author(s):  
Ikhsan Aditama ◽  
Yusuf Priyandari ◽  
Wakhid Ahmad Jauhari

<span><em>PT Kusumahadi Santosa is a company engaged in manufacturing, the textile industry. One of the major </em><span><em>processes that occurs within the company is printing process where types of chemicals that are used are </em><span><em>more than 250 different types. However, in conducting the management of chemical inventories, the </em><span><em>company still use the manual process which has not been computerized. As a result, there are some </em><span><em>problem occurs, such as miscalculation of 5%-30% in the process of recording the amount of chemicals, </em><span><em>process of discharging chemicals not recorded, control and planning of chemical inventories is not </em><span><em>optimum that will indirectly result in losses company. Therefore, it is necessary to design information </em><span><em>system management inventory for controlling chemical inventories. Information system management is </em><span><em>designed in the form of web applications and integrated with continuous review inventory model. In </em><span><em>addition, the system is equipped with functional and non-functional requirements to fix of the previous </em><span><em>system. By adopting the proposed information systems management, the process management of </em><span><em>chemicals can be managed more effectively and efficiently. The proposed information system which </em><span><em>integrated the system with continuous review inventory model can be adopted by the company for </em><span><em>managing the inventories and reducing the inventory cost.</em></span></span></span></span></span></span></span></span></span></span></span></span></span><br /></span>


2003 ◽  
Vol 85 (1) ◽  
pp. 91-95 ◽  
Author(s):  
M.K. Salameh ◽  
N.E. Abboud ◽  
A.N. El-Kassar ◽  
R.E. Ghattas

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