SUPPLY CHAIN RISK MANAGEMENT BY MONTE CARLO METHOD

In this paper, the conceptual model of risk-based cost estimation for completing tasks within supply chain is presented. This model is a hybrid. Its main unit is based on Monte Carlo Simulation (MCS). Due to the fact that the important and difficult to evaluate input information is vector of risk-oc...

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Bibliographic Details
Main Authors: Tomasz Rymarczyk, Grzegorz Kłosowski
Format: Article
Language:English
Published: Lublin University of Technology 2017-12-01
Series:Informatyka, Automatyka, Pomiary w Gospodarce i Ochronie Środowiska
Subjects:
Online Access:https://ph.pollub.pl/index.php/iapgos/article/view/1246