28.12.2014 Views

SimRisk: An Integrated Open-Source Tool for Agent-Based ...

SimRisk: An Integrated Open-Source Tool for Agent-Based ...

SimRisk: An Integrated Open-Source Tool for Agent-Based ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

party to develop analysis plugins <strong>for</strong> Simrisk. We will also develop an object-oriented type system<br />

<strong>for</strong> supply chains, by which a practitioner defines new supply-chain elements suitable <strong>for</strong> his/her<br />

application.<br />

Our interdisciplinary team possesses expertise and skills essential <strong>for</strong> the success of the proposed<br />

research. Dr. Li Tan is on computer science faculty in Washington State University. He conducted<br />

research on model checking, model-based design and simulation, and software analysis. Dr. Shenghan<br />

Xu is on the business faculty of the University of Idaho. Her research is on supply-chain<br />

management. We already collaborated in the preliminary study of this research on the components<br />

of the proposed project and published the results. For example, in [Tan and Xu, 2009b] we developed<br />

a prototype of an agent-based supply chain modeling and simulation tool; we introduced a<br />

probabilistic-model-checking <strong>for</strong>mal stochastic analysis technique in [Tan and Xu, 2008] and used<br />

it to analyze risks in supply chain consolidation in [Tan and Xu, 2009a]. Please see Section 3.2 <strong>for</strong><br />

more details. Our team members also developed a range of open-source tools in model checking<br />

[Cleaveland et al., 2000], model-based design [Tan, 2006], and supply chain modeling and analysis<br />

[Tan and Xu, 2009b] etc.<br />

2 Expected Significance<br />

The importance of stochastic supply-chain analysis is acknowledged in a wide range of applications,<br />

including risk supply-chain risk analysis [Chen and Zhang, 2008], contracting [van Delft and Vial,<br />

2004], and per<strong>for</strong>mance evaluation [Wei et al., 2007]. Existing stochastic analysis technologies and<br />

tools do not possess efficiency, accuracy, scalability, and usability required by analyzing contemporary<br />

global supply chains [Finch, 2004, Wu et al., 2006]. To reduce cost and maintain profit margin,<br />

nowadays many companies engage themselves in global supply chain expansion involving suppliers,<br />

distributors, retailers, and logistics providers across multiple continents [Ferrer and Karlberg,<br />

2006]. For example, the Sears Holding company operates more than 3,800 full-line and specialty<br />

retail stores including Kmart and Sears stores in the United States and Canada [Sears Holding<br />

Company, 2008]. The wholesale chain Costco operates its 544 warehouse stores in North America,<br />

South America, Asia, and Europe. It sources merchandise from all over the world [Costco Wholesale<br />

Corporation, 2007]. The existing stochastic analysis technologies cannot meet the demand of<br />

analyzing large-scale supply chains in terms of scalability, efficiency, accuracy, and usability.<br />

The purpose of this project is to develop an open-source tool and its underlying technologies<br />

that are efficient and scalable <strong>for</strong> analyzing and optimizing real-world large-scale supply chains<br />

under uncertainty. Specifically we expect that this research will advance the state-of-the-art in the<br />

following technologies: agent-based supply chain modeling, generative parallel simulation technology,<br />

and <strong>for</strong>mal analysis and optimization technique. We will leverage recent advances in software<br />

engineering, computer architecture, and <strong>for</strong>mal methods, and apply them to stochastic supply-chain<br />

analysis. By doing so, this project also promotes synergy between computer science and operations<br />

management. Technology advance achieved by this project will be delivered in an open-source tool.<br />

The tool will empower practitioners to analyze risks and uncertainty arising from interactions of<br />

different elements in supply chains on much larger scale and at finer granularity. <strong>An</strong>alysis result can<br />

be used to help companies improve the design and management of their supply chains. The project<br />

will also enable sophisticated analysis on complex stochastic properties and “what-if” scenarios, it<br />

will help companies balance risk management with other operational factors, and streamline their<br />

supply-chain operations.<br />

3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!