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Iterative analogue computation applied to inventory policy simulation
Department of Engineering Production, University of Birmingham, Edgbaston, Birmingham, UK
Although orthodox analogue computer techniques have been applied extensively in industry to Process Control, the analogue computer has made little impact in other fields of industrial computation such as Production Control. This paper discusses iterative analogue computing techniques, as opposed to hybrid, and the application of these techniques in performing simulations, of some basic inventory control policies, such as the Re-order cycle, Re-order level and s,S policies, and suggests that in this form the analogue computer may have applications in a field where so far it has been little used.
* Department of Engineering Production, University of Birmingham, Edgbaston, Birmingham 15.