IEEE CCIC 2026 · Conference paper
Inventory Optimization via Stochastic Modeling in Complex Supply Networks
Addressing the limitations of conventional Material Requirements Planning in contemporary supply chains, this paper introduces an approach centred on constrained stochastic optimization. A simulation-optimization framework minimizes inventory cost while holding service level targets and operational constraints, and returns the optimal reorder parameters that MRP systems need to run against.
10.1109/CCIC68129.2026.11486198 ↗