A quantitative and simulation model for managing sudden supply delay with fuzzy demand and safety stock.
Sanjoy Kumar PaulShams RahmanPublished in: Int. J. Prod. Res. (2018)
Keyphrases
- simulation model
- safety stock
- supply chain
- inventory management
- total cost
- simulation models
- agent based simulation
- discrete event
- service level
- holding cost
- distribution network
- supply chain management
- customer demand
- shop floor
- bullwhip effect
- simulation environment
- inventory policy
- electricity markets
- lead time
- mathematical model
- planning horizon
- simulation tool
- inventory control
- inventory models
- stochastic demand
- markov chain
- decision making
- infinite horizon
- optimal solution