A simulation optimization approach for a two-echelon inventory system with service level constraints

Shing-Chih Tsai, Ya Xin Zheng

研究成果: Article同行評審

24 引文 斯高帕斯(Scopus)

摘要

In this paper, we present a simulation optimization algorithm for solving the two-echelon constrained inventory problem. The goal is to determine the optimal setting of stocking levels to minimize the total inventory investment costs while satisfying the expected response time targets for each field depot. The proposed algorithm is more adaptive than ordinary optimization algorithms, and can be applied to any multi-item multi-echelon inventory system, where the cost structure and service level function resemble what we assume. Empirical studies are performed to compare the efficiency of the proposed algorithms with other existing simulation algorithms.

原文English
頁(從 - 到)364-374
頁數11
期刊European Journal of Operational Research
229
發行號2
DOIs
出版狀態Published - 2013 九月 1

All Science Journal Classification (ASJC) codes

  • 電腦科學(全部)
  • 建模與模擬
  • 管理科學與經營研究
  • 資訊系統與管理

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