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Full-Text Articles in Physical Sciences and Mathematics
Exploring Blockchain Adoption Supply Chains: Opportunities And Challenges, Adrian V. Gheorghe, Omer F. Keskin, Farinaz Sabz Ali Pour
Exploring Blockchain Adoption Supply Chains: Opportunities And Challenges, Adrian V. Gheorghe, Omer F. Keskin, Farinaz Sabz Ali Pour
Engineering Management & Systems Engineering Faculty Publications
In modern supply chains, acquisition often occurs with the involvement of a network of organizations. The resilience, efficiency, and effectiveness of supply networks are crucial for the viability of acquisition. Disruptions in the supply chain require adequate communication infrastructure to ensure resilience. However, supply networks do not have a shared information technology infrastructure that ensures effective communication. Therefore decision-makers seek new methodologies for supply chain management resilience. Blockchain technology offers new decentralization and service delegation methods that can transform supply chains and result in a more flexible, efficient, and effective supply chain. This report presents a framework for the application …
Sensitivity Analysis Framework For Large And Complex Simulation Models, Ghaith Rabadi, Shannon Bowling, Charles Keating, Resit Unal
Sensitivity Analysis Framework For Large And Complex Simulation Models, Ghaith Rabadi, Shannon Bowling, Charles Keating, Resit Unal
Engineering Management & Systems Engineering Faculty Publications
In this paper, a framework for conducting Sensitivity Analysis (SA) on large and complex simulation models is introduced. The framework consists of components that are designed to make the SA a systematic process that is easy to manage and follow by simulation analysts and practitioners. Unlike local SA (one-variable-at-a-time SA), the method presented here is variance-based and it is rooted in the field of Design of Experiments (DoE) where Input Variables are varied and Output Variables are measured. Based on the DoE results, a risk scoring system is developed to identify the sensitivity of the Input Variables, and as a …