Journal of East China Normal University(Natural Sc ›› 2003, Vol. 2003 ›› Issue (3): 31-37.

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A Simulation Model for A Stochastic Inventory System of FIFO Storage Queue Management

HU You-hua ;PAN Yin-rong; SUN Qiang   

  1. Department of Computer Science and Technology, East China Normal University, Shanghai 200062, China
  • Received:2002-03-01 Revised:2002-09-15 Online:2003-09-10 Published:2003-09-10

Abstract: In this paper a model of a stochastic inventory system is created based the simulation principle of the discrete event system. In the model the concept of FIFO storage queue is proposed.Therefore the more reslistic dynamic simulation of the inventory system including deterioration can be made to select a optimal (s,S)inventory policy.

Key words: storage queue, inventory policy, system simulation, inventory system, storage queue, inventory policy, system simulation