WOLFRAM NOTEBOOK

WOLFRAM|DEMONSTRATIONS PROJECT

An Inventory Control Model

​
allow negative inventories
deliveries per year
12
delivery size
10
initial inventory
50
annual sales
120
cost per delivery
25.
unit carrying cost
7
This Demonstration models the inventory size and inventory costs of a business that receives regular deliveries. You control the cost, size, and frequency of deliveries. Assume that the business sells its inventory at a constant rate, so adjusting the annual sales slider will affect the rate at which inventory is depleted. The top image shows the behavior of inventory over time, with the average inventory marked by the horizontal gold line. The bottom image shows the evolution of delivery and carrying costs over the course of the year.
Wolfram Cloud

You are using a browser not supported by the Wolfram Cloud

Supported browsers include recent versions of Chrome, Edge, Firefox and Safari.


I understand and wish to continue anyway »

You are using a browser not supported by the Wolfram Cloud. Supported browsers include recent versions of Chrome, Edge, Firefox and Safari.