Change the ordering simulation so that the lead time can be 1, 2, 3, or 4 weeks
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Change the ordering simulation so that the lead time can be 1, 2, 3, or 4 weeks with probabilities 0.5, 0.2, 0.2, and 0.1, respectively. Also, assume that based on previous orders, orders of sizes 350, 0, and 400 are scheduled to arrive at the beginnings of weeks 2, 3, and 4, respectively. Simulate the same (s, S) policies as in the example.
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Related Book For
Practical Management Science, Revised
ISBN: 9781118373439
3rd Edition
Authors: Wayne L Winston, S. Christian Albright
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