A Simulation Model for Multi-Product Inventory Control Management

Masood A. Badri

    Research output: Contribution to journalArticlepeer-review

    10 Citations (Scopus)


    A simulation based-decision support system for multi-product inventory control management is developed. The system permits management to obtain an inventory system-wide view of the effect of changes in decision variables on the performance measures of a furniture manufacturing firm. The simulation model considers the effect of variations in demand, re-order point, stock-control level, time between reviews, and lead time. The decision support system generates policy scenarios based on management specifications. The effect of each scenario on system performance is then analysed. A set of search methods is combined with the DSS to aid in the optimisation process. The developed network consists of three basic sub-networks. The first sub-network represents the demand, back-order, and stock components of the system. The second network represents the periodic review process with stock control levels for each product. The third sub-network performs profit and cost calculations under normal circumstances and when lost sales are present.

    Original languageEnglish
    Pages (from-to)20-32
    Number of pages13
    Issue number1
    Publication statusPublished - Jan 1999


    • Inventory control
    • backorders
    • decision sup port system
    • lost sales
    • multi-product inventory

    ASJC Scopus subject areas

    • Software
    • Modelling and Simulation
    • Computer Graphics and Computer-Aided Design


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