Summary: Supply Chain Modelling

Study material generic cover image
  • This + 400k other summaries
  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Use this summary
Remember faster, study better. Scientifically proven.
Trustpilot Logo

Read the summary and the most important questions on Supply chain modelling

  • 1 In command, but not in control

    This is a preview. There are 8 more flashcards available for chapter 1
    Show more cards here

  • What are the parts of supply chain dynamics?

    1. Supply -> operations management
    2. Network -> organization & management
    3. Dynamics -> system dynamics simulation
  • view on performance evaluation shifts:

    Cost, volume

    to

    Quality, reliability, customer satisfaction
  • approach to risks and problems shifts:

    Problem fixing, 'fire-fighting' agility

    to

    Problem prevention, high reliability
  • 2 Models of man

    This is a preview. There are 6 more flashcards available for chapter 2
    Show more cards here

  • What are the characteristics of stocks?

    1. Stocks characterize the state of the system (the snapshot test)
    2. Stocks provide the basis for actions
    3. Stocks provide systems with inertia and memory
    4. Stocks are the source of delays
    5. Stocks decouple rates of flow
    6. Stocks create disequilibrium dynamic
  • Exponential decay: behavior over time (negative feedback loop)

    flow(s) = -g * stock(s)
  • Negative feedback systems with explicit goals

    flow(s) = (S * - stock(s))/ AT
  • There are in general two generic types of delays:

    1. Material delays: how the real world works
    2. Information delays: how the human mind works
  • There are different types of systems archetypes

    1. exponential growth
    2. goal seeking
    3. oscillation
    4. s-shpae
    5. Overshoot & collapse
  • 3 Boundedly rational

    This is a preview. There are 12 more flashcards available for chapter 3
    Show more cards here

  • What are the rationality filters?

    1. Cognitive filters
    2. Behavioral filters
    3. Organizational filters
    4. Strategic filters
  • Philosophers of science argue that any observation is theory-loaded

    1. The focus of attention is theory loaded:
    2. Observations are theory loaded
    3. Observations reports ar theory loaded

To read further, please click:

Read the full summary
This summary +380.000 other summaries A unique study tool A rehearsal system for this summary Studycoaching with videos
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart