engleski

Inventory management simulation model at self service wholesaler

This paper presents inventory management analysis at one of self-service wholesalers in Republic of Croatia. For the purpose of lost sale analysis, inventory system simulation model is being developed using Arena 14.0. Model consists of two active members: self- service wholesaler and key customer. Simulation model is based on (s, Q) inventory model. This model focuses on reducing lost sales by changing order quantity and reorder point. Past demand of key customer was analyzed, and five different scenarios were developed.

inventory management; self-service wholesaler; ARENA simulation modelling; lost sale

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