.BusinessSimulation.Examples.SimpleProductionChainII

Information

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In this model we extend the introductory example →SimpleProductionChain by letting the rate of scrapping "inform" our chosen rate of shipping. We simply assume, that whatever is scrapped will immediately be replaced by a new product.

Since this introduces some variation in the rate of shipping, we need to have an adequate policy to determine the production rate. In this case we make use of a policy component called →FirstOrderStockAdjustment that can be found in the package. It sets the rate of inflow as required to keep a stock at the desired level, given the current amount in the stock and the (perceived) rate of outflow from that stock.

Here we would like to keep the inventory at a desired level of 100 units by setting our production rate accordingly. 

Model Output

• The current inventory and the installed base.


• The current rates of producing, shipping, and scrapping.

See also

Tutorial.StrategicBusinessSimulation, SimpleProductionChain, SimpleProductionChainIII

Contents

Revisions

• Updated plots in v2.0.0.