April 2016
Intermediate to advanced
334 pages
9h 59m
English
Content preview from Supply Chain Risk Management
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185
10
Using Probabilistic Models
to Understand Risk
AMR research, now part of Gartner, has been speaking about the com-
plexion of the 21st century supply chain for some time, and during that
dialogue the topic of probabilistic planning continuously arises. is
planning process is supported by stochastic demand management and
dynamic inventory planning.
In this chapter, we will discuss models that have been around for some
time, such as stochastic/ probabilistic models, deterministic methods,
discrete- event simulation, and digital modeling. We’ll also explore how
these methods are being leveraged to map out complex supply chains and
how leaders ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.