Cost Evaluation in Inventory Management: A Simulation Study Based on Python

Descripción del Articulo

This article presents the results of a research project whose objective was to design a simulation process using a stochastic-dynamic model and the Jupyter Notebook tool with Phyton programming, to understand and analyze the behavior of the costs associated with an inventory management system with s...

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Detalles Bibliográficos
Autores: Bencomo Murga, Francisco, Amaya Toral , Rosa Ma, García Martínez, Martha Patricia
Formato: artículo
Fecha de Publicación:2025
Institución:Universidad La Salle
Repositorio:Revistas - Universidad La Salle
Lenguaje:español
OAI Identifier:oai:ojs.revistas.ulasalle.edu.pe:article/268
Enlace del recurso:https://revistas.ulasalle.edu.pe/innosoft/article/view/268
https://doi.org/10.48168/innosoft.s24.a268
https://purl.org/42411/s24/a268
https://n2t.net/ark:/42411/s24/a268
Nivel de acceso:acceso abierto
Materia:Inventory management
Simulation
Operating costs
Random demand
Optimization
Gestión de inventarios
Simulación
Costos operativos
Demanda aleatoria
Optimización
Software engineering
Computer simulation
Descripción
Sumario:This article presents the results of a research project whose objective was to design a simulation process using a stochastic-dynamic model and the Jupyter Notebook tool with Phyton programming, to understand and analyze the behavior of the costs associated with an inventory management system with stochastic demand and periodic review, in a walnut distribution company. Data was collected on inventory holding costs, shortage costs, ordering costs, warehouse capacity, delivery times and demand for the last 6 months. The results obtained revealed that, over a 3-month horizon, the operating cost presents a parabolic behavior in relation to demand, which allows identifying the optimal or equilibrium point between inventory and total average costs, depending on an uncertain demand.
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