Article ID: | iaor2005857 |
Country: | China |
Volume: | 3 |
Issue: | 1 |
Start Page Number: | 31 |
End Page Number: | 37 |
Publication Date: | Sep 2003 |
Journal: | Journal of East China Normal University |
Authors: | Hu Youhua, Pan Yinrong, Sun Qiang |
Keywords: | queues: applications, simulation: applications |
In this paper a model of a stochastic inventory system is created using discrete event simulation. In the model the concept of FIFO storage queue is proposed. Therefore the more realistic dynamic simulation of the inventory system including deterioration can be made to select an optimal (