Objective: This exercise will
teach you how to model a sequential supply chain process with multiple stocks.
You will learn how constraints in one part of the system (like a lack of
components) can create bottlenecks that impact the final output. 👟
Scenario: You are the
manager of a shoe factory. Your factory assembles shoes from component kits.
First, you receive component kits from a supplier. Second, you assemble these
kits into finished shoes. Finally, you sell the finished shoes to customers.
Your goal is to build a simulation model to understand how your inventory of
components and finished products will change over 100 days.