Simulation software required for the models (Simul8)
1. Address the problem regarding bottlenecks. (Scenarios were provided in the objectives and we are required to analyse what is the best course of action)
-How long will it take to produce final products give the forecast demand
-Calculate the cost of operating the new factory for 1 yr.
3. Calculate total time needed to satisfy demand, average total cost of running the factory, cost per product & length of time.
-Compare 3 alternatives