Analyzing the supply chain for a large logistics operation using simulation
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Analysis of the problem of continuous-product inventory control under deterministic lead time
Automation and Remote Control
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Supply chain management involves understanding complex interactions between many factors and using the understanding to achieve balance between conflicting objectives. Simulation is a very useful technique to evaluate the impact of changes in factors such as inventory control and business process parameters. This paper describes a simulation based study for analyzing the tradeoffs among service level, inventory and lead times for a large logistics supply chain. The study highlights the use of simulation in understanding seemingly non-intuitive results and guiding the effort for performance improvement.