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Supply Chain

Little's Law

Little's Law has various applications in Supply Chain. One of the application is the impact of Transit Times on In Transit Stocks and Total Stocks. This example demonstrates the relationship and the trade-off.

SupplyChainNetwork

Author: Abhijith N


Just hit the simulate button to see the simulation run. You can add displays and see the

-       Inventory States

-          Inflow

-          Out flow

For each node.

Assumption for base model:

 

1.       Normal stationary demand at each end node.

2.       Separate online and store demand

3.       LT between nodes can be set.

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