An interactive multi-item inventory computer simulation model

摘要

A generalized inventory simulation model has been developed to establish the value of a company's inventory. This model was developed to evaluate inventories which are made up of subassemblies, assemblies, and finished goods; therefore, one component of the model is a time-sharing bill of material processor. The model accepts a finished goods forecast for specified time periods; it then predicts the net requirements for these time periods. Also the obsolete items are identified. The model can be used for production planning as well as the evaluation of on the shelf inventories, The model is interactive; it allows the user to vary inputs from a portable terminal and identify and critical parameters of the model. The model can be demonstrated to any interest group which can provide access to a standard telephone.