COVERS 3.0- A C++ Based Graphical Modeling and Simulation Tool
There has been an increased interest in resilient supplier selection in recent years, much of it focusing on forecasting the disruption probabilities. The results of this study advance our understanding about how and when machine learning and simulation can be combined to create digital supply chain twins, and through these twins improve resilience. The proposed data-driven decision-making model for resilient supplier selection can be further exploited for design of risk mitigation strategies...
The purpose of this research is to investigate how electric vehicles can promote energy transition and how blockchain can facilitate the decentralisation of future energy systems. With the slow but steady rollout of smart meters and advancements in internet of things (IoT) technology, and with the help of agent-based modeling, the results from this study will prove the worth of blockchain’s inclusion in the smart grids of the future.
In December 2019, there was a case of viral pneumonia in Wuhan. After confirming that the pathogen of this disease is a new coronavirus, the World Health Organization (WHO) confirmed and named it 2019-nCoV. The pneumonia caused by this pathogen infection is called a novel corona virus pneumonia. To better understand the mode of transmission of 2019-nCoV among the population and the effects of control measures, the study was conducted using agent-based modeling (ABM) to simulate an interactive...
Many developed countries of the world such as Japan, Korea, Singapore, Germany etc., are facing the issue of decreasing birth rates and increasing aged populations. One of the potential solutions for this problem is liberal immigration and refugee laws. Korea has stringent immigration laws and most of the immigration into the country is temporary in nature. However, we have witnessed exodus from Middle East countries to many European countries. Such a phenomenon could have lasting impacts on...
Increasing occurrence of natural disturbances such as windstorms and high snow cover as well as uncer-tainty according to queuing and lead times, bottlenecks, utilization, stock level, wagon and truck availability and machine breakdowns lead to supply chain risks and seasonal irregularities in wood harvest and transport. Innovative multimodal systems via rail terminals offer the potential to increase buffer capacity and reduce greenhouse gas emissions. Therefore, a train terminal is included in...
This case study considers the simulation of a coal lading port in order to determine which extensions are needed based on expected capacity demands. These investigations are executed in cooperation with the German company TAKRAF GmbH which planned and constructed the considered port. Processes at this port are influenced by uncertainties, like the provided coal mix from mines and transportation times from mines to the port or meteorological disturbances. The maximum capacity of the current...
A worldwide leading company in the cosmetic industry was dealing with great challenges regarding adapting its positioning strategy to the dynamically changing behaviors of the market. The company needed to decide where to invest its marketing budget to optimize its revenue and was using different traditional marketing mix models without any success. A marketing mix model was developed using agent-based modeling to predict the market’s reaction to a given distribution of a certain budget among...
Simulation modelling has long been used as a decision support tool in the mining industry. This is typically done to address issues on the strategic time horizon, with a heavy focus on experimentation and sensitivity analysis. These issues include mining equipment selection, pit optimization, design and operation of the mine-plant interface, testing the robustness of a mine plan and blending. Mining simulators can be used to forecast production in the short term to test the quality of truck...