A simulation-based optimization framework involving simultaneous perturbation stochastic approximation (SPSA) is presented as a means for optimally specifying parameters of intern...
With stock surpluses and shortages representing one of the greatest elements of risk to wholesalers, a solution to the multiretailer supply chain management problem would result i...
Caio Soares, Gerry V. Dozier, Emmett Lodree, Jared...
: As supply chains become more dynamic it is important to be able to model them formally as business processes. In particular, there is a need for a sense and respond capability to...
This paper discusses a new approach that facilitates the use of simulation in supply chain applications, especially for manufacturing-related activities. A neutral information rep...
In this paper we present a general framework for simulating and optimizing the operational decisions in a supply chain network. We developed a supply chain network library for the...