| Article ID: | iaor199264 |
| Country: | United States |
| Volume: | 32 |
| Start Page Number: | 54 |
| End Page Number: | 61 |
| Publication Date: | Oct 1991 |
| Journal: | Production and Inventory Management Journal |
| Authors: | Walker W.T. |
| Keywords: | simulation |
The optimal master plan is a balance of customer service with inventory investment and factory productivity. This article describes a spreadsheet simulator with penalty functions for less than optimal service, inventory, and/or productivity.