Estimation of expected stockout delays in divergent multi-echelon inventory systems using simulation

Sammanfattning

Stockout delay is an important component of lead time calculations in inventory control literature. This thesis presents a deep dive into the topic through a literature review, which is accompanied by a numerical study. This numerical study provides a comparison of available models along with a simulation model that looks at two different order fulfillment types: complete and partial. Based on the findings, we present an analysis of the results that focus on the accuracy of the models and how different variables/parameters interact. We present future areas of research that were identified as gaps from the thesis along with examining ongoing research.