Development of dynamic simulation model for inventory level optimization through supply chain

System dynamic is an approach to understanding the behavior of complex systems over time. Current research on system dynamics modeling in supply chain management focuses on inventory decision and policy development, time compression, demand amplification, supply chain design and integration, and int...

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Main Author:	Mofarrahi, Maryam
Format:	Thesis
Language:	English
Published:	2013
Subjects:	TJ Mechanical engineering and machinery
Online Access:	http://eprints.utm.my/id/eprint/78263/1/MofarrahiMaryamMFKM20131.pdf
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id	my-utm-ep.78263
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spelling	my-utm-ep.782632018-08-03T08:46:48Z Development of dynamic simulation model for inventory level optimization through supply chain 2013-06 Mofarrahi, Maryam TJ Mechanical engineering and machinery System dynamic is an approach to understanding the behavior of complex systems over time. Current research on system dynamics modeling in supply chain management focuses on inventory decision and policy development, time compression, demand amplification, supply chain design and integration, and international supply chain management. Less attention has been devoted on the inventory level improvement with fuzzy demand controller in dynamic simulation model. This study is aimed to consider customer demand fluctuation to improve the finished goods inventory level of Electronic Company by using dynamic simulation model. Dynamic and changes in demand and corresponding excess during time through the product life is considered as serious problems in supply chain. Data collection and analysis have been considered to find the current problems of the company. Dynamic model has been constructed by ITHINK software to represent the inventory level of company. The stock and flow diagrams are become visible to represent the structure of a system with more detailed information. Three different variables have been applied in Fuzzy controller to give the better level of inventory by MATLAB SIMULINK. Generated results have been compared by current company inventory level in ITHINK software and the best alternative was selected to suggest the company management. 2013-06 Thesis http://eprints.utm.my/id/eprint/78263/ http://eprints.utm.my/id/eprint/78263/1/MofarrahiMaryamMFKM20131.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:81499 masters Universiti Teknologi Malaysia, Faculty of Mechanical Engineering Faculty of Mechanical Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	TJ Mechanical engineering and machinery
spellingShingle	TJ Mechanical engineering and machinery Mofarrahi, Maryam Development of dynamic simulation model for inventory level optimization through supply chain
description	System dynamic is an approach to understanding the behavior of complex systems over time. Current research on system dynamics modeling in supply chain management focuses on inventory decision and policy development, time compression, demand amplification, supply chain design and integration, and international supply chain management. Less attention has been devoted on the inventory level improvement with fuzzy demand controller in dynamic simulation model. This study is aimed to consider customer demand fluctuation to improve the finished goods inventory level of Electronic Company by using dynamic simulation model. Dynamic and changes in demand and corresponding excess during time through the product life is considered as serious problems in supply chain. Data collection and analysis have been considered to find the current problems of the company. Dynamic model has been constructed by ITHINK software to represent the inventory level of company. The stock and flow diagrams are become visible to represent the structure of a system with more detailed information. Three different variables have been applied in Fuzzy controller to give the better level of inventory by MATLAB SIMULINK. Generated results have been compared by current company inventory level in ITHINK software and the best alternative was selected to suggest the company management.
format	Thesis
qualification_level	Master's degree
author	Mofarrahi, Maryam
author_facet	Mofarrahi, Maryam
author_sort	Mofarrahi, Maryam
title	Development of dynamic simulation model for inventory level optimization through supply chain
title_short	Development of dynamic simulation model for inventory level optimization through supply chain
title_full	Development of dynamic simulation model for inventory level optimization through supply chain
title_fullStr	Development of dynamic simulation model for inventory level optimization through supply chain
title_full_unstemmed	Development of dynamic simulation model for inventory level optimization through supply chain
title_sort	development of dynamic simulation model for inventory level optimization through supply chain
granting_institution	Universiti Teknologi Malaysia, Faculty of Mechanical Engineering
granting_department	Faculty of Mechanical Engineering
publishDate	2013
url	http://eprints.utm.my/id/eprint/78263/1/MofarrahiMaryamMFKM20131.pdf
_version_	1747817947010695168

Development of dynamic simulation model for inventory level optimization through supply chain

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