Two types of variability can occur in model output: variability between replications and variability within each replication. The objective of the model combined with the type of ...
This paper investigates the effects of demand risk on the performance of supply chain in continuous time setting. The inventory level has been modeled as a jump-diffusion process ...
An agent-based tool for micro-level simulation of transport chains (TAPAS) is described. It is more powerful than traditional approaches as it is able to capture the interactions ...
Paul Davidsson, Johan Holmgren, Jan A. Persson, Li...
Abstract: Event-driven Process Chains (EPCs) are a commonly used modelling technique for design and documentation of business processes. Although EPCs have an easy-to-understand no...
We model supply chain of an industry solution equipment manufacturer, where the merchandise is sold worldwide, but suppliers are mostly located in Asia. The preferred shipment of ...
Feng Cheng, Young M. Lee, Hongwei Ding, Wei Wang, ...