ABSTRACT
A stochastic model describes the flow of commodities through a distribution system for export. Primary emphasis is placed on the role of the decision maker (merchandizing manager) of the system, the means of transportation, and the export facility (export elevator). In the model appear submodels of descriptive, heuristic, and normative-analytic types. The output of the model gives all of the relevant costs associated with the system and has implications as to the physical configuration of the export facility.
- 1.Charnes, A., Cooper, W. W., "Generalizations of the Warehousing Model", Operations Research Quarterly, Vol. 6, 1955.Google Scholar
- 2.Naylor, T. H., Finger, J. M., "Verification of Computer Simulation Models", Management Science, Vol. 14, No. 2, October 1967, pp. 92-101.Google ScholarDigital Library
Index Terms
- A simulation of an export commodity distribution system
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