A dynamic Monte Carlo simulation of a repairable inventory system
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Authors
Walsh, Richard Sheridan
Subjects
Advisors
Preston, F.W.
Date of Issue
1967-12
Date
Publisher
University of Kansas
Language
en_US
Abstract
The simulation presented here attempts to provide a testing device
to be used in evaluating repairable inventory decision rules. The complexity
of the repairable inventory problem prevents mathematical analysis,
and trial-and-error solutions are too costly and time-consuming:
hence the systems simulation approach. The system is a general one and depicts the author's opinion of
what the average system design might be. Theoretical evaluations are
possible, and several die presented.
Type
Thesis