Print Email Facebook Twitter Simulating a global dynamic supply chain as a market of agents with adaptive bidding strategies Title Simulating a global dynamic supply chain as a market of agents with adaptive bidding strategies Author Bas, G. (TU Delft Energie and Industrie) van der Lei, T.E. (TU Delft Energie and Industrie) Date 2015 Abstract The use of modular plants in the chemical industry is expected to make the structure of supply chains more dynamic. The models currently used to get insight in supply chains assume a predefined supply chain structure, as orders are exogenously defined. Consequently, those models cannot grasp the dynamic nature of supply chains with modular plants. In this paper a market conceptualization based on agent-based computational economics is presented that includes transport costs in the negotiations and enables the modeling of supply chains as structures that emerge from market dynamics. It is shown that this conceptualization can capture the market dynamics that are needed to simulate a dynamic supply chain. Subject Agent-based modelingDynamic supply chainsMany-to-many negotiationMarket simulationModular plants To reference this document use: http://resolver.tudelft.nl/uuid:263bc766-6f06-4948-b3fd-5777b2801360 DOI https://doi.org/10.1002/cite.201500008 ISSN 0009-286X Source Chemie-Ingenieur-Technik: Verfahrenstechnik, Technische Chemie, Apparatewaren, Biotechnologie, 87 (9), 1230-1239 Part of collection Institutional Repository Document type journal article Rights © 2015 G. Bas, T.E. van der Lei Files PDF Bas_et_al_2015_Chemie_Ing ... echnik.pdf 317.5 KB Close viewer /islandora/object/uuid:263bc766-6f06-4948-b3fd-5777b2801360/datastream/OBJ/view