Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim
The aim of our paper is to present the new results of research work on optimization and simulation for some logistic problems in the company. The System Dynamics (SD) method and the Vensim simulation language are applied in order to solve specific managerial problems described by Forrester in the mo...
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Nowy Sacz Business School National-Louis University
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doaj-609b9e8288fa4e8488f20d87f9ee38d32020-11-24T21:04:09ZengNowy Sacz Business School National-Louis UniversityJournal of Entrepreneurship, Management and Innovation2299-73262013-01-0192294410.7341/2013922Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and VensimElżbieta Kasperska0Elwira Mateja-Losa1Rafał Marjasz2 Silesian University of Technology Silesian University of Technology Silesian University of Technology The aim of our paper is to present the new results of research work on optimization and simulation for some logistic problems in the company. The System Dynamics (SD) method and the Vensim simulation language are applied in order to solve specific managerial problems described by Forrester in the model of supply chain. The historical model of Customer-Producer-Employment System by Forrester (Forrester, 1961) has not been examined with the sensitivity analysis, from the “automatic” testing perspective. Optimization experiments have not been conducted, either. It is surprising, since the model is old and widely known. The opportunities offered by the Vensim language allow us to perform such analysis. The visualization called “confidence bounds“ is used, to show the behaviour of chosen variables over a period of time. The Monte-Carlo method is applied for sampling a set of numbers from within bounded domains (distribution for each searching parameters is specified). The authors of this paper conducted numerous experiments in this scope. This paper presents their results and offers some conclusions formulated at the end. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol9/issue2/JEMI_Vol_9_Issue_2_2013_Article_2.pdf System Dynamicssensitivity analysisoptimizationVensim |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Elżbieta Kasperska Elwira Mateja-Losa Rafał Marjasz |
spellingShingle |
Elżbieta Kasperska Elwira Mateja-Losa Rafał Marjasz Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim Journal of Entrepreneurship, Management and Innovation System Dynamics sensitivity analysis optimization Vensim |
author_facet |
Elżbieta Kasperska Elwira Mateja-Losa Rafał Marjasz |
author_sort |
Elżbieta Kasperska |
title |
Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim |
title_short |
Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim |
title_full |
Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim |
title_fullStr |
Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim |
title_full_unstemmed |
Sensitivity Analysis and Optimization for Selected Supply Chain Management Issues in the Company – Using System Dynamics and Vensim |
title_sort |
sensitivity analysis and optimization for selected supply chain management issues in the company – using system dynamics and vensim |
publisher |
Nowy Sacz Business School National-Louis University |
series |
Journal of Entrepreneurship, Management and Innovation |
issn |
2299-7326 |
publishDate |
2013-01-01 |
description |
The aim of our paper is to present the new results of research work on optimization and simulation for some logistic problems in the company. The System Dynamics (SD) method and the Vensim simulation language are applied in order to solve specific managerial problems described by Forrester in the model of supply chain. The historical model of Customer-Producer-Employment System by Forrester (Forrester, 1961) has not been examined with the sensitivity analysis, from the “automatic” testing perspective. Optimization experiments have not been conducted, either. It is surprising, since the model is old and widely known. The opportunities offered by the Vensim language allow us to perform such analysis. The visualization called “confidence bounds“ is used, to show the behaviour of chosen variables over a period of time. The Monte-Carlo method is applied for sampling a set of numbers from within bounded domains (distribution for each searching parameters is specified). The authors of this paper conducted numerous experiments in this scope. This paper presents their results and offers some conclusions formulated at the end. |
topic |
System Dynamics sensitivity analysis optimization Vensim |
url |
http://jemi.edu.pl/uploadedFiles/file/all-issues/vol9/issue2/JEMI_Vol_9_Issue_2_2013_Article_2.pdf
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