Inventory Models

These models and simulations have been tagged “Inventory”.

Related tagsManufacturingDelay

  Objective:  This exercise will
teach you how to model a sequential supply chain process with multiple stocks.
You will learn how constraints in one part of the system (like a lack of
components) can create bottlenecks that impact the final output. 👟 

  Scenario:  You are the
manager of a shoe fa

Objective: This exercise will teach you how to model a sequential supply chain process with multiple stocks. You will learn how constraints in one part of the system (like a lack of components) can create bottlenecks that impact the final output. 👟

Scenario: You are the manager of a shoe factory. Your factory assembles shoes from component kits. First, you receive component kits from a supplier. Second, you assemble these kits into finished shoes. Finally, you sell the finished shoes to customers. Your goal is to build a simulation model to understand how your inventory of components and finished products will change over 100 days.