Simulation and optimization of stochastic inventory system based on uniform design

The (s,S) inventory control model is important for inventory management. It is difficult to get the best inventory control policy of stochastic (s,S) inventory system by analytical method. A simulator Arens was employed for modeling inventory problems. Uniform design method is used to convert the problem of parameter establishment into the experimental design of multi-factor and multilevel and reduces the work load of experiment greatly of simulation. Test results of a (s,S) inventory system showed that the solution proposed is feasible and effective.