A Probabilistic Event-Step Computer Simulation of a Repairable Item Inventory System.

Abstract

A probabilistic event-step computer simulation of a repairable item inventory system with exponential inner-arrival times between demands is constructed. The model allows for a wide variety of repair times and lead times to be considered. The major parameters are investigated for their sensitivity to system changes in order to help the user evaluate given or proposed inventory policies and parameters. A complete description of the model is presented and various measures of supply performance such as the expected number of unit years of backorders per unit period and the fill rate are provided. All flow charts and the GPSS/360 program listing are included. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1972
Accession Number
AD0743749

Entities

People

  • David J. Quirk

Organizations

  • Naval Postgraduate School

Tags

DTIC Thesaurus Topics

  • Computer Simulations
  • Computers
  • Control Simulators
  • Inventory
  • Lead Time
  • Scheduling (Production)
  • Sensitivity
  • Simulations
  • Simulators
  • Time

Readers

  • Computer Science.
  • Logistics and Supply Chain Management.
  • Operations Research