Metamodel analysis on multi-echelon supply chain simulation experiments
Laigang Song,
Xueping Li and
Alberto Garcia-Diaz
International Journal of Industrial and Systems Engineering, 2010, vol. 6, issue 1, 24-44
Abstract:
Metamodels are abstractions of a simulation model to reveal the system's input-output relationship through simple mathematical expression. It provides an analytical way to study the behaviour of complex systems. A multi-echelon supply chain is one of such systems, which is usually extremely difficult, if not impossible, to obtain closed-form analytical solutions due to the intrinsic complexity of the inventory system and its underlying uncertainty. In this paper, we apply the methodology of simulation metamodel to a multi-echelon supply chain problem and conduct statistical analysis of the parameters. The metamodel is validated using training experiment conditions.
Keywords: metamodels; supply chain management; inventory policies; experiment design; simulation; multi-echelon SCM; input-output relationships; abstractions; complex systems; closed-form analytical solutions; intrinsic complexity; underlying uncertainty; statistical analysis; parameters; training conditions; industrial engineering; systems engineering. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisen:v:6:y:2010:i:1:p:24-44
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