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

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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
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spelling Cost Evaluation in Inventory Management: A Simulation Study Based on PythonEvaluación de Costos en la Gestión de Inventarios: Un Estudio de Simulación Basado en PythonBencomo Murga, FranciscoAmaya Toral , Rosa Ma García Martínez, Martha PatriciaInventory managementSimulationOperating costsRandom demandOptimizationGestión de inventariosSimulaciónCostos operativosDemanda aleatoriaOptimizaciónSoftware engineeringInventory managementComputer simulationThis 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.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.Universidad La Salle2025-09-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionJournal paperArtículos originalestextapplication/pdftext/htmlhttps://revistas.ulasalle.edu.pe/innosoft/article/view/268https://doi.org/10.48168/innosoft.s24.a268https://purl.org/42411/s24/a268https://n2t.net/ark:/42411/s24/a268Innovation and Software; Vol 6 No 2 (2025): September - February; 90-102Innovación y Software; Vol. 6 Núm. 2 (2025): Septiembre - Febrero; 90-1022708-09352708-0927https://doi.org/10.48168/innosoft.s24https://purl.org/42411/s24https://n2t.net/ark:/42411/s24reponame:Revistas - Universidad La Salleinstname:Universidad La Salleinstacron:USALLEspahttps://revistas.ulasalle.edu.pe/innosoft/article/view/268/407https://revistas.ulasalle.edu.pe/innosoft/article/view/268/408This study covers the evaluation of costs in inventory management with stochastic demand in a walnut distribution company using Python-based simulation.Derechos de autor 2026 Innovación y Softwarehttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessoai:ojs.revistas.ulasalle.edu.pe:article/2682026-03-09T08:00:12Z
dc.title.none.fl_str_mv Cost Evaluation in Inventory Management: A Simulation Study Based on Python
Evaluación de Costos en la Gestión de Inventarios: Un Estudio de Simulación Basado en Python
title Cost Evaluation in Inventory Management: A Simulation Study Based on Python
spellingShingle Cost Evaluation in Inventory Management: A Simulation Study Based on Python
Bencomo Murga, Francisco
Inventory management
Simulation
Operating costs
Random demand
Optimization
Gestión de inventarios
Simulación
Costos operativos
Demanda aleatoria
Optimización
Software engineering
Inventory management
Computer simulation
title_short Cost Evaluation in Inventory Management: A Simulation Study Based on Python
title_full Cost Evaluation in Inventory Management: A Simulation Study Based on Python
title_fullStr Cost Evaluation in Inventory Management: A Simulation Study Based on Python
title_full_unstemmed Cost Evaluation in Inventory Management: A Simulation Study Based on Python
title_sort Cost Evaluation in Inventory Management: A Simulation Study Based on Python
dc.creator.none.fl_str_mv Bencomo Murga, Francisco
Amaya Toral , Rosa Ma
García Martínez, Martha Patricia
author Bencomo Murga, Francisco
author_facet Bencomo Murga, Francisco
Amaya Toral , Rosa Ma
García Martínez, Martha Patricia
author_role author
author2 Amaya Toral , Rosa Ma
García Martínez, Martha Patricia
author2_role author
author
dc.subject.none.fl_str_mv Inventory management
Simulation
Operating costs
Random demand
Optimization
Gestión de inventarios
Simulación
Costos operativos
Demanda aleatoria
Optimización
Software engineering
Inventory management
Computer simulation
topic Inventory management
Simulation
Operating costs
Random demand
Optimization
Gestión de inventarios
Simulación
Costos operativos
Demanda aleatoria
Optimización
Software engineering
Inventory management
Computer simulation
description 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.
publishDate 2025
dc.date.none.fl_str_mv 2025-09-30
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Journal paper
Artículos originales
text
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv 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
url 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
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistas.ulasalle.edu.pe/innosoft/article/view/268/407
https://revistas.ulasalle.edu.pe/innosoft/article/view/268/408
dc.rights.none.fl_str_mv Derechos de autor 2026 Innovación y Software
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Derechos de autor 2026 Innovación y Software
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
text/html
dc.coverage.none.fl_str_mv This study covers the evaluation of costs in inventory management with stochastic demand in a walnut distribution company using Python-based simulation.
dc.publisher.none.fl_str_mv Universidad La Salle
publisher.none.fl_str_mv Universidad La Salle
dc.source.none.fl_str_mv Innovation and Software; Vol 6 No 2 (2025): September - February; 90-102
Innovación y Software; Vol. 6 Núm. 2 (2025): Septiembre - Febrero; 90-102
2708-0935
2708-0927
https://doi.org/10.48168/innosoft.s24
https://purl.org/42411/s24
https://n2t.net/ark:/42411/s24
reponame:Revistas - Universidad La Salle
instname:Universidad La Salle
instacron:USALLE
instname_str Universidad La Salle
instacron_str USALLE
institution USALLE
reponame_str Revistas - Universidad La Salle
collection Revistas - Universidad La Salle
repository.name.fl_str_mv
repository.mail.fl_str_mv
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