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|Title:||Mitigating Supply Disruption for a Global Chemical Supply Chain-Application of Agent-based Modeling|
|Keywords:||Agent based modeling|
|Source:||Behdani, B.,Adhitya, A.,Lukszo, Z.,Srinivasan, R. (2012). Mitigating Supply Disruption for a Global Chemical Supply Chain-Application of Agent-based Modeling. Computer Aided Chemical Engineering 31 : 1070-1074. ScholarBank@NUS Repository. https://doi.org/10.1016/B978-0-444-59506-5.50045-6|
|Abstract:||In today's global and competitive markets, managing supply chain disruptions is a key factor in the success of any business. Disruption management, however, can be a challenging issue as disruptions can occur for a wide variety of reasons and the approaches to handle these risks are also ample. Moreover, evaluating the disruption impact and possible treatments is not a trivial task for a complex supply chain with many actors and different types of interactions. This calls for appropriate modeling and simulation frameworks. This paper presents a simulation-based risk analysis approach using an agent-based model and its application for a specific case of a lube oil supply chain. © 2012 Elsevier B.V.|
|Source Title:||Computer Aided Chemical Engineering|
|Appears in Collections:||Staff Publications|
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