Research Article

Inventory and Production Dynamics in a Discrete-Time Vendor-Managed Inventory Supply Chain System

Table 1

The comparison between simulation results and theoretical results for the retailer subsystem.

GroupsParameter valuesTheoretical resultsSimulation results

1040 4 1.5 2 -160 200 360 0.57 0.99 128.30 -27.11
1080 4 1.5 2 -360 420 780 0.52 0.97 265.67 -63.48
10120 4 1.5 2 -560 640 1200 0.50 0.95 372.84 -125.67

10 402 1.5 2 -180 120 300 0.58 0.43 -60.96 64.32
10 406 1.5 2 -100 260 360 0.52 1.00 185.89 7.28
10 4010 1.5 2 -180 300 480 0.54 1.00 298.74 98.37

10 40 61 2 -100 260 360 1.00 0.48 44.30 -40.93
10 40 62 2 -180 300 480 0.41 1.00 199.87 19.29
10 40 65 2 -420 420 840 0.16 1.00 307.03 17.53

10 40 4 1.53 -220 200 420 0.43 0.81 101.57 -53.32
10 40 4 1.55 -340 200 540 0.41 0.16 72.70 -108.38
10 40 4 1.57 -460 200 660 0.565 0.01 22.90 -173.32