Monte Carlo Simulation Applied to Risk Management in Logistics’ Procurement for Defense Projects

Abel de Castro Laudares (), Maria Filomena Fontes Ricco and Rodrigo Antônio Silveira dos Santos
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Abel de Castro Laudares: Universidade da Força Aérea—UNIFA
Maria Filomena Fontes Ricco: Universidade da Força Aérea—UNIFA
Rodrigo Antônio Silveira dos Santos: Universidade da Força Aérea—UNIFA

Chapter Chapter 84 in Operations Management for Social Good, 2020, pp 851-861 from Springer

Abstract: Abstract Monte Carlo simulation is a common approach to analyze risk in project management. This paper demonstrates how this methodology could be applied to improve governance on the public sector, mainly by means of corporate risk analysis. Real cases of logistics’ procurement for defense projects were used to demonstrate this possibility.

Keywords: Logistics; Risk management; Monte Carlo simulation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-23816-2_84

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DOI: 10.1007/978-3-030-23816-2_84

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