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This paper is devoted to the different simulation approaches that are described with an example of a basic conceptual inventory control model. The common feature of all simulation is the fact that the results can be acquired only through the processing on a computer with special simulation tools. The ways of creating these programs depend on the chosen philosophy (paradigm) of simulation modelling, and on a corresponding to this paradigm program package used to build a certain model. The authors propose the methodology for selecting simulation paradigms, depending on the simulated inventory control task.
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