2009
DOI: 10.3233/ica-2009-0318
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A model-checking-based approach to risk analysis in supply chain consolidations

Abstract: Supply chain strategy has become an important factor that dictates the successes of companies in today's competitive world. Nowadays more and more companies are tapping into the mergers and acquisitions in hope of getting the synergistic gain in supply chain consolidation. In this paper we use a model-checking-based approach to study the impact of different consolidation strategies on risks in supply chains and compare their capacity of risk reduction. We model stochastic behaviors of supply chains using an ex… Show more

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Cited by 9 publications
(6 citation statements)
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References 10 publications
(13 reference statements)
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“…This is mainly due to the desire of forecasting events as accurately as possible. Many techniques have been developed for risk assessment, e.g., [4], [15], [2], [16], [12], [11], [14]. Although quite different in nature, all these works basically aim at tackling the problem of the selection process of security measures to reduce risks.…”
Section: Discussionmentioning
confidence: 99%
“…This is mainly due to the desire of forecasting events as accurately as possible. Many techniques have been developed for risk assessment, e.g., [4], [15], [2], [16], [12], [11], [14]. Although quite different in nature, all these works basically aim at tackling the problem of the selection process of security measures to reduce risks.…”
Section: Discussionmentioning
confidence: 99%
“…Markov chain and Monte Carlo are other two methods techniques for supporting decision-makings. Tan Li et al proposed a model-checking approach to predict the system risks in supply chain [28]. They make use of Markov Decision Processes to model the stochastic behavior of supply chains.…”
Section: Quantitative Assessment Techniques Supporting Engineering Symentioning
confidence: 99%
“…Since AMI is a point of contact for internal and external telecommunication networks of power consumer, it can be the target of firmware, worm, virus, and malicious code circulation, meter bot, DDoS (distributed denial of service) attack, and others [15,16].…”
Section: Smart Grid Smart Grid Includes Various Infrastructures Inclmentioning
confidence: 99%