Simple Supply Chain Model
Description
This model is intended to illustrate how GoldSim can be used to simulate supply chains. It simulates the management of a single inventory (one link in the chain). It represents a delay between orders and delivery and assumes decision rules for orders are highly rational and account for expected sales, and does not simulate backorders (if there is no inventory, the sale is lost). Complicating factors included in the model include variable sales, variable delay between order and delivery, and random labor strikes. The model also includes a simple dashboard. An attached note (linked to the model) summarizes all key assumptions.
Download the model file
See Also
