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A Simulation Problem in The Textile Industry

A Simulation Problem in The Textile Industry Quantitative problems frequently arise in production systems which cannot be solved by the standard Operational Research techniques. In such cases, a simple mathematical model can sometimes be built which simulates the real problem and enables a manager to find out what would be the effect of different policies. This paper describes how simulation was used to improve profitability in a textile company. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Managerial Finance Emerald Publishing

A Simulation Problem in The Textile Industry

Managerial Finance , Volume 4 (3): 14 – Mar 1, 1978

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References (2)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0307-4358
DOI
10.1108/eb013431
Publisher site
See Article on Publisher Site

Abstract

Quantitative problems frequently arise in production systems which cannot be solved by the standard Operational Research techniques. In such cases, a simple mathematical model can sometimes be built which simulates the real problem and enables a manager to find out what would be the effect of different policies. This paper describes how simulation was used to improve profitability in a textile company.

Journal

Managerial FinanceEmerald Publishing

Published: Mar 1, 1978

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