Scribd
Upload
17 views

Inventory System Simulation With Example

Uploaded by

shaharyarkhan1020
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
17 views

Inventory System Simulation With Example

Uploaded by

shaharyarkhan1020
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 6

Inventory System Simulation With Example

Initialization
● Initialize simulation parameters, including number of items, starting quantities
of each item and reorder point.
● We set these initial values in our system and define the reorder point to ensure
we never run out of essential items.
● Set up the first demand event.
Main Simulation Loop
● Iterate through various (s, S) pairs, representing inventory policies.
● Initialize the model with the current (s, S) values.
● Run the simulation until an end-simulation event occurs.
● Determine the next event type using the timing function.
● Execute the appropriate event function (order arrival, demand, evaluation, or
reporting).
● Update time-average statistics.
Event Functions

Order_arrival Demand

Evaluate Report
Updating Time-Average Statistics
In the update_time_avg_stats function:

● Compute the time since the last event.


● Determine the status of the inventory level during the previous interval.
● Update area_shortage if inventory was negative.
● Update area_holding if inventory was positive.
Random Number Generation
Function random_integer:

● Generate a random U(0,1) variate.


● Example: How many customer will come, what and when they buy a product.

Function uniform:

● Generate a random U(a, b) variate.


● Example: Delivery of new products
End of Simulation
● Now wrap the simulation process and saved all the data.

● If there are more (s, S) pairs to consider, the program repeats the simulation

● The program stops when all pairs are considered.

● This part concludes our simulation and allows us to analyze the results for

different inventory policies.

You might also like