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System Dynamics Model for Continuous Review Inventory System in Demand Shock Conditions

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Abstract

This paper deals with applying a control loop based on PID controller algorithm to dynamically setting the components of the continuous review system (Q-system) for inventory management to avoid demand shock unrequired influence on a customer service level. Through Vensim software platform, the system dynamic model of feedback system was developed, consisting of the Q-system for single echelon logistics and PID controller. Finally, operational performance results are analyzed using data of performed simulation experiments.

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Correspondence to Sławomir Luściński .

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Luściński, S., Dobrowolski, D. (2019). System Dynamics Model for Continuous Review Inventory System in Demand Shock Conditions. In: Ivanov, V., et al. Advances in Design, Simulation and Manufacturing. DSMIE 2019. Lecture Notes in Mechanical Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-93587-4_32

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  • DOI: https://doi.org/10.1007/978-3-319-93587-4_32

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-93586-7

  • Online ISBN: 978-3-319-93587-4

  • eBook Packages: EngineeringEngineering (R0)

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