Department of Quantitative Methods
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Browsing Department of Quantitative Methods by Subject "Baseline model"
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Item Agent base simulation Fashion retail chain(University of Management and Technology Lahore, 2016) Saeed, AzamThis research develops a multi-agent simulation model for fashion retail supply chain. Intelligent agents are designed using SQL to performed key roles of supply chain management for fashion retail. Baseline model is validated and proposed model is designed using pooled inventory warehouse to make supply chain more responsive. Results shows that pooled inventory having a positive impact on customer services level, merchandise performance and mark-downs percentage is also reduced. Supply chain physical cost can also reduce by using deploying intelligent agents in real life and performance of these agent can improve by analyzing of simulation results and gaps analysis.