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COMPLEX MULTIECHELON INVENTORY SYSTEM MANAGEMENT USING A DYNAMIC SIMULATION MODEL
Author(s) -
Clark Thomas D.,
Trempe Robert E.,
Trichlin Herbert E.
Publication year - 1983
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1983.tb00194.x
Subject(s) - computer science , inventory management , asset (computer security) , system dynamics , operations research , asset management , industrial engineering , operations management , business , engineering , artificial intelligence , computer security , finance
A dynamic modeling approach to management of multiechelon, multi‐indenture inventory systems with repair is addressed. The structure of the model follows that of the U.S. Air Force Reparable Asset Management System. The model is used as a vehicle to discuss the structure of typical multiechelon systems and to illustrate the advantages of a dynamic modeling approach to such systems.