doi:10.1016/j.079ĭecision making of production planning and procurement planning in order to fulfill process using the means of multi-agent based modeling and simulation. Selection and peer-review under responsibility of Desheng Dash Wu. E-mail address: © 2011 Published by Elsevier Ltd. Paper researched on the information coordination in the activities of There are four major methods to model the complex system: Agent-based Modeling and Simulation, System Dynamics model, Petri Net and Object-Oriented Technology. Supply chain, the bullwhip effect, and the optimal inventory strategy, etc. Very much on the impact of information coordination and information-sharing on inventory control in At present, research works about inventory system simulation are very popular. Too much stock needs expensive inventory holding costs and occupies too much floating capital, so inventory control in logistics engineering is more important than other logistics activities and it is necessary to seek a balance between the stock holdings and inventory cost to minimize the total inventory cost with a certain service level or maximize demand service level with an acceptable cost. Inventory is the term used for the future, temporarily idle resources, which can be used to maintain normal operation, reduce order costs and improve service level while the supply and demand changes constantly. Keywords: Inventory system System simulation (R, S) polic (Q, R) polic AnyLogic software Selection nnd peer-review under responsibility of Deshe ng Dash Wu. Then the optimal inventory policy to minimize inventory cost with a certain service level is analyzed by the optimization experiment. Through comparing the two continuous replenishment strategies, the (R, S) and (Q, R) strategies, the simulation results show that (R, S) strategy is better than (Q, R) strategy. Using AnyLogic software, the single point inventory system simulation model is built based on Agent method in this paper. Maintaining normal stock amount can reduce ordering cost and improve service level, but excessive stock needs expensive inventory holding costs and occupies too much floating capital, so it is necessary to seek a balance between the stock holdings and inventory cost. North China Electric Power University,No.2 Beinong Rd., Huilongguan, Beijing, 102206, China The 2nd International Conference on Complexity Science & Information EngineeringĪgent-based Simulation Model of Single Point Inventory Systems Engineering Procedia 4 (2012) 298 - 304 '
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