their past purchases in their decision. The suppliers adapt to the demand by amending their offer price. A simulation of the … theoretical choices. Design/methodology/approach – The methodology used is multi‐agent simulation. It is little used compared to …‐agent simulation is a metaphor of the real world that makes virtual agents (consumers and suppliers) compete; these agents are provided …

Purpose – The purpose of this paper is to present a model and simulation results for the corporate financial value of … previously published simulation studies in agriculture and food markets since system dynamics (SD) is applied in modeling both … input production and consumption and the processor's financial value. SD modeling is well suited to simulation in a critical …

Identifies the need for a formal procedure to generate a reference state when conducting qualitative simulation studies … indicators, steady state conditions, system capacity and model validity. Its application is illustrated using a simulation model … general does not generate a unique reference state. The impact of using different reference states in a simulation experiment …

logistics planning phase is offered by geographical information system technology, included in the simulation environment in …

help develop insights into the nature and problems evident when attempting to use simulation across different enterprise … use of discreet‐event (DE) simulation when applied in these instances, the research attempts to develop policy … implications that will provide a better understanding of how simulation studies should be approached across different manufacturing …

(ORE) procedures). Design/methodology/approach – Simulation experiments were conducted using a multistage production …

simulation's inherent ability to handle the uncertainties. Design/methodology/approach – The ERP system still contains and uses … methodology employs bi‐directional feedback between the non‐stochastic ERP system and the discrete event simulation model until a … discrete event simulation models. The specific steps developed for this research can be adopted for other enhancements in …

Purpose – This paper aims to highlight the complex nature of automated guided vehicle (AGV) simulation model building … transportation simulation systems, since they are service‐based by their nature, and additional inefficiencies create unanticipated … performance downgrading. Design/methodology/approach – This paper uses a simulation approach, and simulated systems are based on a …

models and simulation. This is a two‐stage approach in which inventory cost reduction in the SC occurs as a result of the …

factors (feedback structure, time lags, and a flexible saturation point) in a system dynamics (SD) simulation frame. Design …/methodology/approach – A simulation model using SD is developed for a dynamic manpower forecasting by decomposing complex processes of manpower … in the simulation for forecasting the manpower demand and supply in the context of the IS industry. Findings – The …