In this paper we describe a simulation approach to explore optimal defensive strategies concerning an entrant situation …

The authors present basis of simulation usage in managerial decisionsupport focusing on the supply chain processes. In … the beginning the need for simulationis presented, then advantages and disadvantages of simulation experiments and …

-work-in-process (CONWIP) protocol. We solve a huge but simple linear program that models an entire simulation run of a closed-loop flow line …

using ARCH. Then the stochastic simulation methodology is extended to the ARCH process and Treasury Bond call options are … small effect, while the different simulation procedures have a large effect on the value of Treasury Bond call options. …

– through deterministic systems dynamics-based simulation. In order to validate the simulation model, the results from published … all these typical policies with optimal parameter settings. Next, a Monte Carlo stochastic simulation is used to assess … intensive SC by applying system dynamics. It includes a simulation model, the analysis of several scenarios, the impact on …

design. Exploration of business process re‐engineering options using simulation models is another important aspect of the …

A simulation approach to measuring supply chain performance is evaluated which incorporates order release theory … examined and its applicability to monitoring the performance of the supply chain is proposed. A simulation model of a typical …, single channel logistics network was developed. Using the simulation model, each of the order release mechanisms was assessed …

introductions and to Identify factors affecting this value. Design/methodology/approach – Simulation based on actual data on 19 … large wholesale packages compared with their sales. Research limitations/implications – The simulation model is simple and …

Purpose – This paper aims to discuss a simulation study for a multi‐product, two‐echelon inventory replenishment system … changes in the cost. Design/methodology/approach – Mathematical modeling and simulation methodology is used to test the …

review system with lost sales under varying demand patterns by using simulation method. Design/methodology/approach – The … simulation model has been built using a spreadsheet program and depicts a special case of several retailers supplied by a central … warehouse. Simulation scenarios are created based on two factors: length of the review period, and product type in terms of the …