Value chain analysis using hybrid simulation and AHP. International Journal of Production Economics, (105): 536-547
International Journal of Production Economics • 2007
Publication Information
Authors
Rabelo, L., Eskandari, H., Shaalan, T., Helal, M.
Keywords
Discrete-event simulation; System dynamics; AHP; SCOR; Supply chain
Journal
International Journal of Production Economics
Publisher
ELSEVIER
Volume
105
Issue
Not Available
Pages
536-547
publication.type
International
Paper Link
Not Available
Supplementary Materials
Not Available
Abstract
This paper presents a novel approach that integrates the analytic hierarchy process (AHP) technique, system dynamics (SD), and discrete-event simulation (DES) to model the service and manufacturing activities of the global supply chain of a
multinational construction equipment corporation. Hybrid SD–DES simulation models offer a practical approach to better model real-life systems and increase confidence in their outcomes. The DES models are developed using the supply chain operations reference (SCOR) model to guide the modeling process. Managers evaluate the competing decision alternatives based on the obtained simulation results of the hybrid models and other qualitative factors using group AHP analysis. This integration enables managers to utilize their own experiences, preferences and qualitative assessments which
increases the level of their confidence in the decisions resulting in the maximization of shareholder value.
multinational construction equipment corporation. Hybrid SD–DES simulation models offer a practical approach to better model real-life systems and increase confidence in their outcomes. The DES models are developed using the supply chain operations reference (SCOR) model to guide the modeling process. Managers evaluate the competing decision alternatives based on the obtained simulation results of the hybrid models and other qualitative factors using group AHP analysis. This integration enables managers to utilize their own experiences, preferences and qualitative assessments which
increases the level of their confidence in the decisions resulting in the maximization of shareholder value.
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