Supply chain dynamics with production priority settings
Eugène A M Schenk
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Eugène A M Schenk: Faculty of Economics and Management Sciences, University of Limburg
European Journal of Economic and Social Systems, 2003, vol. 16, issue 2, 219-228
Abstract:
Supply chain dynamics with priority settings will be treated as a complex dynamic non-linear feedback system. Its feedback structure copes with its uncertain environmental surroundings. The stages of the chain are linked by physical flows (raw materials, semifinished goods and components) and information flows about the states of the system. The complexity of interactions along the supply chain is such that it will be hardly possible to correctly predict system's behaviour under uncertainty. The developed proto-type model add understanding how to deal with this kind of uncertainties.
Keywords: Supply Chain Dynamics; Priority Settings; Complexity under Uncertainty (search for similar items in EconPapers)
JEL-codes: D89 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ris:ejessy:0141
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