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Modeling and Simulation of Periodic Review Inventory Policy in the Supply Chain Using DEVS
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DEVS를 활용한 공급망 내 정기 주문 정책 모델링 및 시뮬레이션

논문 기본 정보

Type
Academic journal
Author
Young Dan Noh (인하대학교) Bo Seung Kwon (인하대학교) Sang Won Jung (인하대학교) Young Shin Han (인하대학교) Jong Sik Lee (인하대학교)
Journal
Korea Multimedia Society Journal of Korea Multimedia Society Vol.26 No.10 KCI Accredited Journals
Published
2023.10
Pages
1,288 - 1,302 (15page)
DOI
10.9717/kmms.2023.26.10.1288

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Modeling and Simulation of Periodic Review Inventory Policy in the Supply Chain Using DEVS
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Abstract· Keywords

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The enterprise seeks profit and aims to maximize it. Inventory costs are among the various costs that enterprise can incur. And this inventory cost refers to various costs incurred due to inventory. Inventory management aims to reduce inventory costs while satisfying customers" requirements. Efficient inventory management is an essential issue for enterprise to maintain competitiveness and profitability from a management strategy point of view. If inventory management is not carried out appropriately and results in inventory shortages, the enterprise will be unable to meet customer requirements, ultimately leaving it at a disadvantage in the competition. Therefore, from this perspective, appropriate inventory management can be seen as important. In this paper, we propose modeling a periodic review inventory policy in the supply chain using DEVS, which has advantages in verification, validation, and reusability of the model. If the simulation is performed according to the method designed in this paper, it is expected that enterprise will be able to analyze the results and check their own inventory management strategies. In addition, it is expected that changing various factors, such as the target inventory level, will help in preparing the optimal inventory management plan through simulation.
#Inventory Management #Modeling #Periodic Review Inventory Policy #DEVS #Simulation

Contents

ABSTRACT
1. 서론
2. 배경지식
3. DEVS 기반의 공급망 내 정기 주문 정책 시뮬레이션 환경 설계
4. 정기 주문 정책 시뮬레이션 결과 및 평가
5. 결론
REFERENCE

References (11)

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J.S. Lee and S.Y. Jang, “Development of a Simulation Model to Decide the Proper Target Inventory Level for TOC Replenishment Inventory Management Using System Dynamics,” Journal of the Korea Society for Simulation, Vol. 21, No. 3, pp. 25-33, 2012. google schola J.H. Park, A Study of Supply Chain Simulator with Arena, Master’s Thesis of Yonsei University, 2002. google schola J.H. Lee, Development of a Supply Chain Simulator for Distribution Policies Using Arena, Master’s Thesis of Seoul National University of Science and Technology, 2010. google schola T.S. Jeong, A Simulation Model on Inventory Replenishment Systems, Master’s Thesis of Chonnam National University, 2007. google schola B.P. Zeigler, Y.K. Moon, D.H. Kim, and G. Ball, “The DEVS Environment for High-Performance Modeling and Simulation,” IEEE Computational Science and Engineering, Vol. 4, No, 3, pp. 61-71, 1997. google schola

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