Resilient Industrial Systems: A Complex System Perspective to Support Business Decisions

Industrial systems increasingly need to become more resilient to developments in their environment. To take the right decisions and improve their resilience, those companies need insight into the effects of resilience-enhancing actions. A substantial part of those actions' effects follow from the adaptation of the focal company's environment in...

Simulating a global dynamic supply chain as a market of agents with adaptive bidding strategies

The use of modular plants in the chemical industry is expected to make the structure of supply chains more dynamic. The models currently used to get insight in supply chains assume a predefined supply chain structure, as orders are exogenously defined. Consequently, those models cannot grasp the dynamic nature of supply chains with modular...

Analysis of profit allocation strategies for competing networks by applying cooperative game theory within an agent-based model

In many industries there are possibilities to cooperate with supply chain partners in order to realise greater profits for the value chain as a whole. The responsibility for the allocation of profits realised by the cooperative network can be given to a third party, a network orchestrator. However, the allocation strategy that is applied for the...