Discrete event simulation

Order-up-to-level policy update procedure for a supply chain subject to market demand uncertainty

E.O. Pacheco, S. Cannella, R. Lüders, A.P. Barbosa-Póvoa

Computers and Industrial Engineering (Published)

Nov, 2017

Keywords: Supply chain Order-up-to-level policy Bullwhip effect Inventory control Discrete event simulation

The planning of a supply chain (SC) subject to market demand uncertainty is challenging in regards to defining update mechanisms that deal with demand variations. This study addresses this challenge and proposes a new reorder point update procedure for order-up-to-level (OUTL) policies in…

Performance metrics for a supply chain subject to stochastic demand

E.O. Pacheco, R. Lüders, A.P.B. Póvoa

Proceedings of 2015 International Conference on Industrial Engineering and Systems Management, IEEE IESM 2015 (Published)

Jan, 2016

Keywords: supply chain discrete event simulation performance metric variable reorder point

This work deals with characterization of the dynamic behavior of a single product supply chain (SC) composed by two levels. It is modeled by Industrial Dynamics concepts developed by Jay Forrester in the 60’s with the objective of determining the information and material flows using a discrete…