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Author:Larsen, E. R.
Morecroft, J. D. W.
Thomsen, J. S.
Title:Complex behaviour in a production-distribution model
Journal:European Journal of Operational Research
1999 : NOV, VOL. 119:1, p. 61-74
Index terms:Decision making
Simulation
Chaos
Models
Freeterms:Supply chains
Language:eng
Abstract:The purpose of this paper is to show how the cascaded structure of a production-distribution chain can produce a wide variety of dynamic behaviours. The analyses illustrate why it is so difficult for decision makers to "navigate" in low-cost policy parameter regions. Suggestions are made for decision heuristics that avoid high-cost, unstable solutions.
SCIMA record nr: 196117
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