CHAPTER III To work with Powersim Study: introduction to I use it of the software through a practical example.
What it remains to make for this model is to show like “Expected Demand” influences “Production” and “Desired Inventory”.
That comes made through two links that they go from “Expected Demand” to “Production” and “Desired Inventory”.
The production serves in order to cover the wished inventory and would have to always reflect the waited for question.
One joins, therefore, simply “Expected Demand” to the equation of the production.
It is known also, from the information given, than the inventory that the society wants to maintain it would have to cover four weeks
of waited for question. In order to reformulate the equation for “Desired Inventory” there is need of one constant that represents
a multiple of “Expected Demand”.
Nomination this constant “Inventory Coverage” that goes connected to the variable “Desired Inventory”.
Desired Inventory goes therefore redefined with the equation:
Figure 3.15 extension the ended model:
Figure 3.15- Ended model. Expected Demand' is connected to “Production” and “Desired Inventory”, and is held on account when the level of production is decided.
Executing the simulation the result of figure 3 will be obtained.16:
Figure 3.16- The behavior of “Expected Demand”, “Order Installments”, and “Production” in the simulation. The increment of the orders induces to a delayed increase of production and the waited for question
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