What to model
Useful observations include stockouts, inventory level, replenishment, service level. Define assumptions before running a scenario and compare outcomes rather than treating one run as a prediction.
SIMULATION TOPIC
Model stock movement, replenishment, demand variability, shortages and carrying levels.
Useful observations include stockouts, inventory level, replenishment, service level. Define assumptions before running a scenario and compare outcomes rather than treating one run as a prediction.
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