—Control theory is one of the approaches to model
and measure the performance of a supply chain. In this
approach there are two fundamental model Fixed and Variable
Inventory and Order Based Production and Control Systems
which is abbreviated as IOBPCS and VIOBPCS respectively.
These two models are single stage single product systems that
have a market demand as input and production unit which are
controlled by three controllers. In this paper we aim to simulate
and analyse these two models and show that VIOBPCS are a
faster system than other one but more expensive, therefore it is
appropriate for a market with rapid changes. While IOBPCS,
although is not highly flexible to follow demand pattern but its
cost is less than of VIOBPCS.
—Supply chain modeling, control theory,
simulation, production, inventory.
M. Parsanejad is with Faculty of Science and Technology, Keio
university, Tokyo, Japan (e-mail: email@example.com).
E. Teimoury is with Faculty of Industrial Engineering, Iran University of
Science and Technology, Tehran, Iran (e-mail: firstname.lastname@example.org).
A. Parsanejad is with Faculty of Science and Technology, Azad
University of Qazvin, Qazvin, Iran (e-mail: email@example.com).
Cite: Mohammadreza Parsanejad, Ebrahim Teimoury, and Abozar Parsanejad, "Supply Chain Simulation and Modeling with Theory of
Control," International Journal of Modeling and Optimization vol. 4, no. 2, pp. 167-170, 2014.