Title :
The impact of lead time on supply risk based on multi-agent simulation
Author :
Jianguo, Du ; Qingfeng, Meng ; Haibin, Zhang
Author_Institution :
Sch. of Bus. Adm., Jiangsu Univ., Zhenjiang
Abstract :
Supply risk is one of the operation risks in the supply chain, Thomas Kull found that increasing inventory in a tiered supply chain can sometimes increase supply risk. Well how supply risk is affected by lead time in the presence of supply failure? By evaluating risk in a simulation environment based on multi-agent technology, exploratory findings suggest that increasing lead time in a multi-echelon supply chain can sometimes decrease supply risk of downstream and own but increase that of competitors.
Keywords :
digital simulation; multi-agent systems; risk management; supply chain management; lead time; multiagent simulation; supply chain; supply risk evaluation; lead time; multi-agent; simulation; supply risk;
Conference_Titel :
Service Operations and Logistics, and Informatics, 2008. IEEE/SOLI 2008. IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-2012-4
Electronic_ISBN :
978-1-4244-2013-1
DOI :
10.1109/SOLI.2008.4682945
