The paper describes initial simulation work on various factors associated with production and inventory decisions. The machine shop model which was used comprised one machine only on which a small ...

This concentration is intended to prepare students for modeling and simulating various problems related to supply chain management, such as procurement, manufacturing, logistics and distribution, ...

This is where Process Optimization with Simulation emerges as a critical tool, offering a powerful way to model, analyze, and ...

We consider a single-product inventory system that serves multiple demand classes, which differ in their shortage costs or service-level requirements. We assume a critical-level control policy, and a ...