The purpose of this paper is to propose a new application methodology to evaluate the best inventory strategy through the use of an integrated approach based on Analytic Hierarchy Process (AHP) and Simulation. The application methodology, which is loosely based on Simulation approach, incorporates the AHP approach to delineate and rank the relative importance weight of expressed judgments to analyze global supply chain decisions. Definitely we apply the AHP analysis in order to reach better decisions for the simulation results. The approach has been validated in a real case study concerning the three-echelon supply chain operating in the beverage Sector.

An application methodology based on AHP and simulation to study inventory management problems

DE FELICE, Fabio;CARLOMUSTO, Armando
2011-01-01

Abstract

The purpose of this paper is to propose a new application methodology to evaluate the best inventory strategy through the use of an integrated approach based on Analytic Hierarchy Process (AHP) and Simulation. The application methodology, which is loosely based on Simulation approach, incorporates the AHP approach to delineate and rank the relative importance weight of expressed judgments to analyze global supply chain decisions. Definitely we apply the AHP analysis in order to reach better decisions for the simulation results. The approach has been validated in a real case study concerning the three-echelon supply chain operating in the beverage Sector.
2011
978-88-906147-0-5
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11580/28006
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