Potential of Simulation Effort Reduction by Intelligent Simulation Budget Management for Multi-Item and Multi-Stage Production Systems

Wolfgang Seiringer, Klaus Altendorfer, Juliana Castaneda, Lisardo Gayan, Angel A. Juan

Research output: Chapter in Book/Report/Conference proceedingsConference contributionpeer-review

1 Citation (Scopus)

Abstract

Simulation is utilized to analyze multi-item and multi-stage production systems that are driven by material requirements planning (MRP). The range of possible parameter combinations and solutions increases as the model of the production system includes more components. In simulation experiments with a fixed number of replications per iteration, it might be unfeasible to test a large range of these MRP parameters. This paper discusses how to efficiently manage the simulation budget, to avoid wasting it in exploring non-promising solutions. Therefore, intelligent simulation budget management (SBM) is applied, where the results of the current iteration's replications are compared to the average results of the previous iterations. The current iteration is skipped if its average overall cost is outside the defined percentile boundaries. A simulation study using two multi-item and multi-stage MRP systems is performed to evaluate SBM potential. The results show that the SBM methodology leads to significantly reduced simulation efforts.

Original languageEnglish
Title of host publicationProceedings of the 2022 Winter Simulation Conference, WSC 2022
EditorsB. Feng, G. Pedrielli, Y. Peng, S. Shashaani, E. Song, C.G. Corlu, L.H. Lee, E.P. Chew, T. Roeder, P. Lendermann
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1864-1875
Number of pages12
ISBN (Electronic)9798350309713
DOIs
Publication statusPublished - 2022
Event2022 Winter Simulation Conference, WSC 2022 - Guilin, China
Duration: 11 Dec 202214 Dec 2022

Publication series

NameProceedings - Winter Simulation Conference
Volume2022-December
ISSN (Print)0891-7736

Conference

Conference2022 Winter Simulation Conference, WSC 2022
Country/TerritoryChina
CityGuilin
Period11.12.202214.12.2022

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