The research into multi-product production/inventory control systems has mainly assumed one of the two strategies: Make-to-Order (MTO) or Make-to-Stock (MTS). In practice, however, many companies cater to an increasing variety of products with varying logistical demands (e.g. short due dates, specific products) and production characteristics (e.g. capacity usage, setup) to different market segm...

This paper employs a simulation model in a Supply Chain Management (SCM) system. This study is one of the first to present simulation model of inventory control system in supply chain management using barcode and Radio Frequency Identification (RFID). The main objective of this model is to compare two inventory systems in a supply chain, one using RFID, versus the barcode. The model will help c...

Multi-periodic inventory control problems are mainly studied employing one of two assumptions. The first is the continuous review, where depending on the inventory level orders can be placed at any time, and the other is the periodic review, where orders can be placed only at the beginning of each period. In this paper, we relax these assumptions and assume that the time-periods between two rep...