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Digital Library of the
European Council for Modelling and Simulation |
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Title: |
Tools
Of Monte Carlo Simulation In Inventory Management Problems |
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Authors: |
Jacek Zabawa, Bożena Mielczarek |
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Published in:
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ECMS
2007 Proceedings Edited
by: Ivan Zelinka, Zuzana Oplatkova, Alessandra Orsoni ISBN:
978-0-9553018-2-7 Doi: 10.7148/2007 21st European
Conference on Modelling and Simulation, Prague, June
4-6, 2007 |
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Citation
format: |
Zabawa, J., & Mielczarek,
B. (2007). Tools Of Monte Carlo Simulation In Inventory Management Problems.
ECMS 2007 Proceedings edited by: I. Zelinka, Z. Oplatkova, A. Orsoni
(pp. 56-61). European Council for Modeling and Simulation. doi:10.7148/2007-0056. |
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DOI: |
http://dx.doi.org/10.7148/2007-0056 |
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Abstract: |
This paper describes the
simulation model of supply chain and its implementation using general purpose tool and the simulation package. The
output of Monte Carlo experiments taken both from spreadsheet formulas in
Microsoft Excel and from graphical environment of Extend software was
confronted and revised and then model was used to find the minimal inventory
cost. |
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Full
text: |
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