Ganeshan comments on Steve Morlidge’s articles on Guiding Principles of the Forecasting process (published in Foresight, issues 22 and 23). Copyright International Institute of Forecasters, 2012

There is still considerable doubt and even anxiety among simulation modelers as to what the methodologically correct guidelines or procedures for validating simulation models should be. Epistemically, the approaches one finds in the simulation literature run the gamut from objectivist to...

In this paper, we examine the dynamics of a supply chain that has the option of using two suppliers - one reliable, and the other unreliable. We characterize the unreliable supplier with long lead-time mean and variance. Although the use of the unreliable supplier might potentially warrant...

Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety...