Virtual Laboratory on Simulation and Gaming
Supply Chain Risk Pooling Decision Using Simulation
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Theory
Problem Description
Model Description
Simulation flowchart
Procedure
Simulator
Reference
Assignment
Self Evaluation
Feedback
Module Learning Objectives:
To understand the purpose and importance of Risk Pooling.
To understand the trade-offs in the "
Risk Pooling
" model.
To learn the basics of
Simulation
To apply the simulation procedure to the "Risk Pooling" model for making a decision in case of a
Normally Distributed Demand
.
Module Assignments:
Study the Theory and Video Tutorial thoroughly.
Go to on-line Simulator and conduct experiments.
Complete the on-line quiz to evaluate your learning.
