Multi-echelon multi-product inventory strategy in a steel company

[摘要] (cont.) Modeling allows important saving costs if we compare the best solutions found with the simplest policy used by the company (allocating all safety stock to the echelon closest to the customer). Finally, we demonstrate that some of the alternative modeling methods used to allocate inventory perform well, but simulation is an important complement to test and fine-tune these models.

[发布机构] Massachusetts Institute of Technology