question

gilbert jerald avatar image
0 Likes"
gilbert jerald asked Ben Wilson commented

how to find out optimum inventory level in warehouse ?

Is there any way to build a model such that i have to maintain a stock in warehouse based on the demand from distribution centers (note: 1 Warehouse supply product to 5 Distribution Centers) and also How can i came to know what is the optimum inventory should be maintain in warehouse in order to satisfy the DC demand.

Thanks in advance.

FlexSim 16.2.0
inventory optimization
· 2
5 |100000

Up to 12 attachments (including images) can be used with a maximum of 23.8 MiB each and 47.7 MiB total.

Joerg Vogel avatar image Joerg Vogel commented ·

What is your aim? - least costs, least amount, least time to resupply, least risk of shortage, express demand in contrast to standard release out of the warehouse, breakdown of one or more ASRS-vehicles, availability of 99,5%, shortest delivery time after iniating a demand, ...

2 Likes 2 ·
gilbert jerald avatar image gilbert jerald Joerg Vogel commented ·

Thanks for your reply.

My aim is, least risk of shortage as well as to avoid surplus quantity in warehouse.

0 Likes 0 ·

1 Answer

Sam Stubbs avatar image
0 Likes"
Sam Stubbs answered Ben Wilson commented

Have you tried using the Optimizer already? If you haven't tried the optimizer yet, here is a good tutorial example on how to set one up:

https://answers.flexsim.com/articles/23099/experimenter-optimizer-example-17.html

· 3
5 |100000

Up to 12 attachments (including images) can be used with a maximum of 23.8 MiB each and 47.7 MiB total.

Heriberto S avatar image Heriberto S commented ·

Hi Sam , seems that I dont have access or its not available anymore

0 Likes 0 ·
Joshua S avatar image Joshua S Heriberto S commented ·
@Heriberto S

The optimizer requires a seperate purchasable licesne to use.

0 Likes 0 ·
Ben Wilson avatar image Ben Wilson ♦♦ Heriberto S commented ·

Hi @gilbert jerald,

Contact your local FlexSim representative for information obtaining an OptQuest license.

0 Likes 0 ·