Develop a simulation model of a supply chain

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Reference no: EM133570421 , Length: word count:3000

ANSWER ALL THREE QUETSIONS.

Question 1: Conduct a brief literature review of recent academic literature that have utilised simulation modelling to investigatesupply chain (or business) operationswithin a particular industry sector. Assess the significance of simulation within your collected literatureand provide critical insights on the types of simulation modelling used within them.(1200 words)

Question 2: Using Arena, develop a simulation model of a supply chain of your choice.The structure of supply chain must incorporate suppliers (minimum 1), manufacturer (only one), distribution centres (minimum 2) and retailers (minimum 2). You may use a range of Arena modules (flow modules and data modules) to demonstrate your understanding of simulation modelling.

Develop the model further by incorporating four additional performance measures of your choice (i.e. two for manufacturing and two for distribution).

Discuss the approach that you have used to develop your model and the way performance measures are incorporated. (900 words)

Question 3: Discuss the results obtained when using multiple replications using default Arena report as well as additional performance measures developed in Question 2. Provide critical evaluation/insights on your developed model. Submit the simulation model file.(900 words)

Reference no: EM133570421

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