INFORMS Open Forum

  • 1.  Python inventory package

    Posted 06-27-2022 15:23
    Inventory-minded friends:

    I wanted to let you know about a Python package that I recently published for inventory optimization and simulation called     stockpyl. It implements classical single-node inventory models like the economic order quantity (EOQ), newsvendor, and Wagner-Whitin problems. It also contains algorithms for multi-echelon inventory optimization (MEIO) under both stochastic-service model (SSM) and guaranteed-service model (GSM) assumptions. And, it has extensive features for simulating multi-echelon inventory systems.

    The package is available on PyPI at https://pypi.org/project/stockpyl/ (or you can install from the command line using pip install stockpyl). The source code is available on GitHub at https://github.com/LarrySnyder/stockpyl, and documentation is at https://stockpyl.readthedocs.io/. Feedback welcome!

    Larry

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    Lawrence Snyder
    Professor
    Lehigh University
    Bethlehem PA
    lvs2@lehigh.edu
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