Simulation Vs. Optimization Approaches to Ripple Effect Modelling in the Supply Chain

As a result of supply chain structural dynamics, the ripple effect occurs whereby disruption propagates downstream or upstream from the initial disturbance point in the network. Since ripple effect analysis includes both dynamic and static parametrical sets, the research objective of this study is to identify recommendations on the preferable applications of simulation and optimization methods. We identify some problem classes and datasets for which optimization, simulation, and hybrid optimization-simulation methods can be recommended.

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