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A Simulation Analysis of a Multiproduct Multiechelon Inventory-Distribution System
Sumer C. Aggarwal and Dileep G. Dhavale
The Academy of Management Journal
Vol. 18, No. 1 (Mar., 1975), pp. 41-54
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/255623
Page Count: 14
You can always find the topics here!Topics: Carrying costs, Financial investments, Investment inventories, Simulations, Cost efficiency, Inventories, Average total cost, Average cost, Total costs, Minimization of cost
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Simulation experiments were conducted to test the overall system response to changes in certain key parameters. The independent variables were demand, lead time, and cost-rate structure. The dependent variables consisted of five management criteria, including average inventory investment and average annual number of reorders within the system.
The Academy of Management Journal © 1975 Academy of Management