Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Enterprise Risk Management in Supply Chains Read chapter Read first chapter

2023 | OriginalPaper | Chapter

5. Simulation of Supply Chain Risk

Authors : David L. Olson, Desheng Wu

Published in: Enterprise Risk Management Models

Publisher: Springer Berlin Heidelberg

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Many supply chain problem analyses involve uncertainty in the form of statistically measured distributions. Monte Carlo simulation is a highly useful tool to analyze statistical distributions and to model many supply chain decisions involving risk. Inventory management and vendor selection decisions are demonstrated using Crystal Ball software.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
previous chapter Examples of Supply Chain Decisions Trading-off Criteria
next chapter Value at Risk Models
Literature
Agyapong-Kodua, K., Ajaefobi, J. O., & Weston, R. H. (2009). Modelling dynamic value streams in support of process design and evaluation. International Journal of Computer Integrated Manufacturing, 22(5), 411–427.CrossRef
Chakravarty, F. (2013). Managing a supply chain’s web of risk. Strategy & Leadership, 41(2), 39–45.CrossRef
Claudio, D., & Krishnamurthy, A. (2009). Kanban-based pull systems with advance demand information. International Journal of Production Research, 47(12), 3139–3160.CrossRef
Demarzo, P. M., Fishman, M. J., He, Z., & Wang, N. (2012). Dynamic agency and the q theory of investment. The Journal of Finance, LXVII(6), 2295–2340.CrossRef
Evans, J. R., & Olson, D. L. (2002). Introduction to Simulation and Risk Analysis (2nd ed.). Prentice-Hall.
Forrester, J. W. (1961). Industrial Dynamics. MIT Press.
Huang, H.-Y., Chou, Y.-C., & Chang, S. (2009). A dynamic system model for proactive control of dynamic events in full-load states of manufacturing chains. International Journal of Production Research, 47(9), 2485–2506.CrossRef
Mishra, M., & Chan, F. T. S. (2012). Impact evaluation of supply chain initiatives: A system simulation methodology. International Journal of Production Research, 50(6), 1554–1567.CrossRef
Sterman, J. (1989). Modelling managerial behavior: Misperceptions of feedback in a dynamic decision making experiment. Management Science, 35(3), 321–339.CrossRef
Wu, D., & Olson, D. L. (2008). Supply chain risk, simulation and vendor selection. International Journal of Production Economics, 114(2), 646–655.CrossRef
Metadata
Title
Simulation of Supply Chain Risk
Authors
David L. Olson
Desheng Wu
Copyright Year
2023
Publisher
Springer Berlin Heidelberg
Book
Enterprise Risk Management Models

Print ISBN: 978-3-662-68037-7

Electronic ISBN: 978-3-662-68038-4

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-3-662-68038-4_5