Multi-Stage Supply Chain Inventory Control Using Simulation Optimization

  title={Multi-Stage Supply Chain Inventory Control Using Simulation Optimization},
  author={Jang Sun Yoo and Shin Tae Kim and Seong Rok Hong and Chang Ouk Kim},
In the present manufacturing environment, the appropriate decision making strategy has a significance and it should count on the fast-changing demand of customers. This research derives the optimal levels of the decision variables affecting the inventory related performance in multi-stage supply chain by using simulation and genetic algorithm. Simulation model helps analyze the customer service level of the supply chain computationally and the genetic algorithm searches the optimal solutions by… CONTINUE READING

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