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About Enns and Suwanruji
This document describes a study that uses simulation to compare the performance of Distribution Requirements Planning (DRP) and Order Point replenishment strategies in a supply chain network with stochastic demand. The supply chain network modeled contains four echelons from suppliers to retailers. Customer demand forecasts are generated for four products and actual demand follows a normal distribution around the forecast. Simulation results are analyzed to identify the strengths and performance characteristics of each replenishment strategy. The goal is to gain insights into how DRP and Order Point systems behave under uncertain demand conditions.
Detailed Information
| Author: | ['delfi'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 17 |
| Language: | English |
| Format: | |
| Price: | FREE |
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