Young-Dan Noh, Bo-Seung Kwon, Sang-Won Jung, Young-Shin Han, Jong Sik Lee
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Modeling and Simulation of Periodic Review Inventory Policy in the Supply Chain Using DEVS
The enterprise seeks profit and aims to maximize it. Inventory costs are among the various costs that enterprise can incur. And this inventory cost refers to various costs incurred due to inventory. Inventory management aims to reduce inventory costs while satisfying customers