A hybrid simulation approach to planning in a VMI supply chain

Jayendran Venkateswaran, Young-Jun Son, Albert T. Jones, Hyeung Sik J Min

Research output: Contribution to journalArticle

11 Citations (Scopus)

Abstract

In this paper, we propose an innovative approach of integrating the vendor managed inventory (VMI) strategy with a hierarchical approach to production planning (HPP) decisions within a supply chain environment. The proposed architecture is divided into three stages: plan optimisation (Stages I), schedule optimisation (Stage II) and decision evaluation (Stage III). To implement this architecture, we use system dynamics simulations, discrete-event simulations and the High Level Architecture (HLA) as a distributed infrastructure. We describe our approach for the analysis of supply chains in detail and discuss results from experiments that demonstrate the benefits of the proposed architecture.

Original languageEnglish (US)
Pages (from-to)133-149
Number of pages17
JournalInternational Journal of Simulation and Process Modelling
Volume2
Issue number3-4
StatePublished - 2006

Fingerprint

Hybrid Simulation
Supply Chain
Supply chains
Planning
Discrete event simulation
Optimization
Production Planning
Computer simulation
System Simulation
Discrete Event Simulation
Dynamic Simulation
System Dynamics
Schedule
Infrastructure
Experiments
Architecture
Evaluation
Demonstrate
Experiment

Keywords

  • discrete-event
  • hybrid distributed simulation
  • SD
  • supply chain
  • System Dynamics
  • VMI

ASJC Scopus subject areas

  • Computer Science Applications
  • Applied Mathematics
  • Modeling and Simulation

Cite this

A hybrid simulation approach to planning in a VMI supply chain. / Venkateswaran, Jayendran; Son, Young-Jun; Jones, Albert T.; Min, Hyeung Sik J.

In: International Journal of Simulation and Process Modelling, Vol. 2, No. 3-4, 2006, p. 133-149.

Research output: Contribution to journalArticle

Venkateswaran, Jayendran ; Son, Young-Jun ; Jones, Albert T. ; Min, Hyeung Sik J. / A hybrid simulation approach to planning in a VMI supply chain. In: International Journal of Simulation and Process Modelling. 2006 ; Vol. 2, No. 3-4. pp. 133-149.
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