The document contains sample cell formulas for simulating an inventory system using Excel spreadsheets. It includes formulas for beginning inventory, random daily demand, ending inventory, shortage quantity, order quantity, random lead time, and days until order arrives. It then shows the results of running a 5-cycle simulation with daily inventory levels, demand, ending inventory, shortage, order quantities, random lead times, and days until orders arrive. The simulation results in an average inventory of 0.4 units and shortages on 11 out of 25 days.
The document contains sample cell formulas for simulating an inventory system using Excel spreadsheets. It includes formulas for beginning inventory, random daily demand, ending inventory, shortage quantity, order quantity, random lead time, and days until order arrives. It then shows the results of running a 5-cycle simulation with daily inventory levels, demand, ending inventory, shortage, order quantities, random lead times, and days until orders arrive. The simulation results in an average inventory of 0.4 units and shortages on 11 out of 25 days.
The document contains sample cell formulas for simulating an inventory system using Excel spreadsheets. It includes formulas for beginning inventory, random daily demand, ending inventory, shortage quantity, order quantity, random lead time, and days until order arrives. It then shows the results of running a 5-cycle simulation with daily inventory levels, demand, ending inventory, shortage, order quantities, random lead times, and days until orders arrive. The simulation results in an average inventory of 0.4 units and shortages on 11 out of 25 days.