PRODUCTION MANAGEMENT ANALYSIS USING MONTE CARLO METHOD

Renata Walczak

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Economy & Business 2026, 25th International Conference

16-19 August, Burgas, Bulgaria

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Economy & Business, Volume 8, 2014

PRODUCTION MANAGEMENT ANALYSIS USING MONTE CARLO METHOD

Renata Walczak

Страницы: 1062-1069
Опубликовано: 29 Aug 2014
Просмотры: 4,378
Загрузки: 873
Citations: 2 (Google Scholar)

Аннотация: The article presents the simulation method assessment of production management model. Input variables and required assumptions for the simulation are defined based on production requirements. For selected variables both data and expert based distributions are determined. The values of production efficiency coefficients are calculated according to variability of various operating parameters. On the basis of simulation results, the probability of achieving required production output is calculated.

Ключевые слова: production management, stochastic optimization, crystal ball

Цитировать эту статью: Renata Walczak. PRODUCTION MANAGEMENT ANALYSIS USING MONTE CARLO METHOD. Journal of International Scientific Publications: Economy & Business 8, 1062-1069 (2014). https://www.scientific-publications.net/en/article/1000460/

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