Open source service level measurement software is now available. For details, click on the “SIMS” tab. For information about the technique which the software uses to measure overall service level, see my article on that subject.
I will consider two definitions of service level. One is the probability that the next customer demand will be supplied immediately off the shelf. This definition is often used in theoretical work. It is applicable to both individual items (products) and the entire inventory. It can be considered to be the instantaneous service level because […]
Open source ABC analysis software is now available. For details, click on the “SIMS” tab. For information about ABC analysis, see my article on that subject.
Some incorrect formulae were found in the simulation spreadsheet described in the article entitled “An Educational Inventory Management Simulator“. They have been fixed.
The Monte Carlo simulator is not working at present. It was working until I put it on this site. I am investigating the problem.
There is now an online Monte Carlo inventory management simulator available for use. Clicking on the “Simulator” tab in the menu at the top of the page will open the simulator in a new browser tab. Click here for instructions for using it. Each simulation is carried out for each day until there have been […]
I am developing interactive facilities for use by readers of this blog. For that reason, there have not been any posts for a while. A large proportion of my future posts will contain online calculators. I am currently testing an online inventory management simulator which I have developed. I will then continue with the development […]
Mathematical expressions are now displayed. A WordPress update had stopped mathematical expressions from being displayed by the plugin which I had been using for that purpose. I replaced that plugin with one which appears to be kept up to date. As a result, the problem appears to have been fixed. I will now resume publishing. […]
Mathematical expressions are not displayed in this blog at present. The problem is that the plugin used for displaying them is not compatible with the latest version of WordPress. I am currently looking for a solution to that problem. I won’t be publishing any more posts until the problem is fixed. Please check again in […]