Related papers: Enhancing Resilience: Model-based Simulations
Simulink is widely used in industrial design processes to model increasingly complex embedded control systems. Thus, their formal analysis is highly desirable. However, this comes with two major challenges: First, Simulink models often…
Organizations face numerous challenges posed by unexpected events such as energy price hikes, pandemic disruptions, terrorist attacks, and natural disasters, and the factors that contribute to organizational success in dealing with such…
Firms in inter-organizational networks such as supply chains or strategic alliances are exposed to interdependent risks. These are risks that are transferable across partner firms. They can be decomposed into intrinsic risks a firm faces…
The electric distribution system is a cornerstone of modern life, playing a critical role in the daily activities and well-being of individuals. As the world transitions toward a decarbonized future, where even mobility relies on…
Assessing and managing the impact of large-scale epidemics considering only the individual risk and severity of the disease is exceedingly difficult and could be extremely expensive. Economic consequences, infrastructure and service…
Supply chains are integral to global economic stability, yet disruptions can swiftly propagate through interconnected networks, resulting in substantial economic impacts. Accurate and timely inference of supply chain resilience the…
Industrial ecosystems are coupled with natural systems through utilization of feedstocks and waste disposal. To ensure resilience in production of industrial systems under the threat of climate change scenarios, it is necessary to evaluate…
Distribution crises are manifested by a great discrepancy between the demand and the supply of a critically important good, for a period of time. In this paper, we suggest a hybrid market mechanism for minimising the negative consequences…
Supply chains' increasing globalization and complexity have recently produced unpredictable disruptions, ripple effects, and cascading resulting failures. Proposed practices for managing these concerns include the advanced field of forward…
Due to the increasing share of renewable energy resources and the emergence of couplings of different energy carrier grids, which may support the electricity networks by providing additional flexibility, conducting research on the…
Real-Time systems are essential for promptly responding to external stimuli and completing tasks within predefined time constraints. Ensuring high reliability and robust security in these systems is therefore critical. This requires…
The logistics of urban areas are becoming more sophisticated due to the fast city population growth. The stakeholders are faced with the challenges of the dynamic complexity of city logistics(CL) systems characterized by the uncertainty…
We study strategic interaction in data-driven games where players face uncertainty about payoff distributions inferred from finite samples. To model calibrated attitudes toward such uncertainty, we formulate distributionally robust games…
This research investigates a multi-product, multi-echelon, and multi-period vaccine supply chain network model under uncertainty and quality inspection errors. The objective function seeks optimizing the total cost of the supply chain.…
The rapid evolution of embedded systems, along with the growing variety and complexity of AI algorithms, necessitates a powerful hardware/software co-design methodology based on virtual prototyping technologies. The market offers a diverse…
Modelling how shocks propagate in supply chains is an increasingly important challenge in economics. Its relevance has been highlighted in recent years by events such as Covid-19 and the Russian invasion of Ukraine. Agent-based models…
Financial market resilience reflects the ability of a financial market to withstand external shocks and to recover from them, while its measurement has yet to be standardized. Accordingly, this paper quantifies the adaptability and…
In the wake of the 2008 financial crisis the role of strongly interconnected markets in fostering systemic instability has been increasingly acknowledged. Trade networks of commodities are susceptible to deleterious cascades of supply…
In today's corporate landscape, particularly where operations rely heavily on information technologies, establishing a robust business continuity plan, including a disaster recovery strategy, is essential for ensuring swift recuperation…
Control systems can show robustness to many events, like disturbances and model inaccuracies. It is natural to speculate that they are also robust to sporadic deadline misses when implemented as digital tasks on an embedded platform. This…