A survey of simulation techniques used in the modeling of in ventory systems was conducted. Six categories of use were formed. Research published in each of the categories was described. Observations were drawn in cases where research was sparse or where researchers seemed to have treated an er ror improperly.
Aggarwal, S.C. and Dhavale, D.G."A Simulation Analysis of a Multiproduct Multi-Echelon Inventory-Distribution System."Academy of Management Journal18:1 (1975), 41-54.
2.
Banks, J. and Carson II, J.S.Discrete-Event System Simulation . Prentice-Hall , Englewood Cliffs, New Jersey ( 1984).
3.
Brown, R.G.Decision Rules for Inventory Management. Holt, Rinehart and Winston, New York ( 1967), 172-174.
4.
Byrkett, D.L."The Use of Simulation in the Design of an Inventory Control System,"Proceedings of the Winter Simulation Conference, Miami Beach, Florida (1978), 1039-1044.
5.
Carter, G. and Ignall, E.J."Virtual Measures: A Variance Reduction Technique for Simulation,"Management Science21:6 (1975), 607-616.
6.
Cavinato, J.L. and Perrault, JR., W.D."Evaluating Vendor's Distribution Service."Journal of Purchasing and Materials Management12:3 ( 1976), 13-19.
7.
Clark, A.J."The Use of Simulation to Evaluate a Multiechelon, Dynamic Inventory Model."Naval Research Logistics Quarterly7 (1960), 429-445.
8.
Coleman, J.W. , Masters, J.M., Pankonix , G.C., and Peterson , D.K."Simulating Low Demand Asset Availability in Base Supply with Q-GERT."Proceedings of the Winter Simulation Conference, San Diego, California (1982) 63-66.
9.
Diegel, A."Inventory Simulation and Small Sample Theory."Production and Inventory Management13:3 (1972), 53-71.
10.
Ehrhardt, R."Variance Reduction Techniques for (s,S)-Type Inventory Simulations."Proceedings of the Conference on Simulation in Inventory and Production Control, San Diego, California (1983), 12-16.
11.
Éilon, S. and Elmaleh, J."An Evaluation of Alternative Inventory Control Policies."The International Journal of Production Research7:1 (March-April 1968 ), 3-14.
12.
Fairhurst, J.H. and Livingstone , D."A Simulation Model for Production/Inventory Decisions."Operation Research Quarterly24:2 (1973), 299-304.
13.
Geisler, M.A."The Sizes of Simulation Samples Required to Compute Certain Inventory Characteristics with Stated Precision and Confidence."Management Science10:2(1964), 261-286.
14.
Geisler, M.A."A Test of a Statistical Method for Computing Selected Inventory Model Characteristics by Simulation."Management Science10:4 (1964), 709-716.
15.
Groff, G.K. and Muth, J.F.Operations Management: Analysis for Decisions. Richard D. Irwin, Inc., Homewood, Illinois (1972).
16.
Gross, D. and Craig, R.J."A Comparison of Maximum Likelihood, Exponential Smoothing and Bayes Forecasting Procedures in Inventory Modelling."International Journal of Production Research12:5(1974), 607-622
17.
Gross, D. and Soriano, A."The Effect of Reducing Leadtime on Inventory Levels - Simulation Analysis."Management Science10:2 (October 1969), B-61-79.
18.
Hadley, G. and Whitin, T.M.Analysis of Inventory Systems. Prentice-Hall , Englewood Cliffs, New Jersey ( 1963).
19.
Hebert, J.E. and Deckro, F."A Simulation Analysis of Dynamic Inventory Policies in a Generalized Stochastic Environment."Proceedings of the Winter Simulation Conference, Washington, D.C. (1977), 843-847.
20.
Hunter, J.S. and Naylor, T.H."Experimental Designs for Computer Simulation Experiments."Management Science16:7 (March 1970), 422-434.
21.
Law, A.M. and Kelton, W.D.Simulation Modeling and Analysis. McGraw-Hill, New York (1982).
22.
Lewis, C.D."An Iterative Analog Inventory Policy Cost Model."The International Journal of Production Research6:2 (1967), 135-157.
23.
Maccormick, A."Predicting the Cost Performance of Inventory Contiol Systems by Retrospective Simulation."Naval Research Logistics Quarterly25:4(1978), 605-620.
24.
Mccollom, N. and Blank, L. "Simulation Model for Multi-Level Distribution System Planning."Proceedings of the Winter Simulation Conference, San Diego, California (1982), 491-499
25.
Mcgregor, D.G. and Kho, J.W."Modeling an Inventory Situation: The Application of a Protocol Methodology."Proceedings of the Winter Simulation Conference, Sacramento, California (1975).
26.
Naddor, E."Markov Chains and Simulations in an Inventory System."The Journal of Industrial Engineering14:2(1963), 91-98.
27.
Prout, H.W."A Simulation Study of Three Inventory Models of Uncertain Demands."Proceedings — Annual Meeting of the American Institute of Decision Science, 11th, New Orleans (1979), 404-406.
28.
Reis, D.A."Comparison ot Periodic Review Operating Doctrines: A Simulation Study."Proceedings of the Winter Simulation Conference, San Diego, California (1982), 501-510.
29.
Schaack, J.P. and Silver, E.A."A Procedure Involving Simulation for Selecting the Control Variables of an (S,c,s) Joint Ordering Strategy."Canadian Journal of Operational Research and Information Processing10:2 (June 1972), 154-170
30.
Shtern, V."Validation and Verification of Inventory Control Systems Using Simscript II.5."Proceedings of the Conference on Simulation in Inventory and Production Control, San Diego, California (1983), 7-11
31.
Stoica, M., Ratiu-Suciu, C., Chira, D., and Dobre, I."Simulating Inventory Stochastic Processes."Economic Computation and Economic Cybernetics Study and Research2 (1976), 53-68.
32.
Tugwell, D.J. and Jeffries, T.O."A Method of Determining Safety Stock."The International Journal of Production Research7:3 ( 1969), 173-181.
33.
Vrat, P. and Khan, A.B."Simulation of a Blood-Inventory-Bank System in a Hospital."Socio-Economic Planning Science10:1(1976), 7-15.
34.
Walker, D.M. and Wysk, R.A."A Procedure to Determine the Least Cost Purchased-Part Planned LeadTime for Items Controlled by an MRP System."Computers and Industrial Engineering7:4 (1983), 295-308.
35.
Weston, JR., F.C."A Simulation Approach to Examining Traditional EOQ/EOP and Single Order Exponential Smoothing Efficiency Adopting a Small Business Perspective."Proceedings of the Winter Simulation Conference, San Diego, California ( 1979), 605-618.
36.
Wright, R.D. and Ramsay, JR., T.E."On the Effectiveness of Common Random Numbers."Management Science25:7 (1979), 649-656.
