PiM: Demo model for modeling supply chains and optimal inventories 2

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Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.

Description

This is a small example model that shows how to use normal factors and delays to model delivery times (so you do not always have to use PiM factors); how to identify the optimal quantity of orders and how to identify the optimal number of resources.

Do not hesitate to ask for more explanations or some variations of the model :-)

168 uses, 1840 views

Delivery time for orders of material

Amount per order

Amount expected to be needed in delivery time

List price of material

Costs of resources

Price of product

Discount for volumes of 10

Costs of storage

Cost of overdue orders

Usual duration of process

Overdue orders

Costs of unsatisfied customer

Material costs

Ordering material

Storage costs

Overall benefit

Incoming orders

Orders to be processed

Resource for process

Material

Process

Fulfilled orders

PiM: Demo model for modeling supply chains and optimal inventories 2

Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.

Description

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