Ventana software support forum

lakshkrish153 wrote:

tomfid wrote:Here's a minor update that makes the feedback a little clearer. I also calculate an average fill rate, which could be used to endogenously adjust the inventory goal to achieve a desired service level.
Vensim inventory_5.mdl

Thank you

HI there are quite a lot of errors corrected in the two added models. the last one has been greatly simplified and has units corrected. Regards. JJ hello sir, I have attached the pdf file for your reference. this is the model exactly what i want to model in VENSIM. Only difference is the author mod...

LAUJJL wrote:HI

there are quite a lot of errors corrected in the two added models.

the last one has been greatly simplified and has units corrected.

Regards.

JJ

Thank you

Here's a minor update that makes the feedback a little clearer. I also calculate an average fill rate, which could be used to endogenously adjust the inventory goal to achieve a desired service level. Vensim inventory_5.mdl hello sir, I have attached the pdf file for your reference. this is the mod...

Thank you so much Laujj. I really appreciate your help. Once I check and make sure whether i got the expect result i will let you know. I really appreciate your help Thanks a lot

If you have access to a copy of Business Dynamics, that has a whole chapter on inventory control & ordering, as I recall. Can you please tell me why my model is wrong here???I am struck with right and of the model. My modle automatically want to trigger the order quantity when ever the service ...

Administrator wrote:The model you uploaded does not simulate. Do you have a version that does?

Yes,one of the Phd scholar did the same scenerio in VENSIM. Kindly please guide, More over I got this adotped from Edx website from Supply chain Dynamics course taught by MIT. Why do you think this models doesnt simulate

I am creating a dynamic inventory model follows continuous review policy. My objective of this project as I have to maintain inventory fill rate as 99%, suppose whenever the fill rate get falls below 99% "Adjust to S" has to trigger the model to order quantities from the supplier. My i am ...