Based analyses for strategic supply chain decisions

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Reference no: EM132271755

1. What do you view as the strengths of optimization-based analyses for

a. Strategic supply chain decisions?

b. Operational supply chain decisions?

2. What do you view as the strengths of simulation-based analyses for

a. Strategic supply chain decisions?

b. Operational supply chain decisions?

3. What obstacles do you see or have you experienced with conducting optimization-based analyses?

4. What obstacles do you see or have you experienced with conducting simulation-based analyses?

5. Suppose that worldwide, companies were required to use only one single analysis tool, technique, or method in all future projects, studies, and analyses (available choices are Monte Carlo simulation, discrete event simulation, value stream mapping/process flow analysis, and optimization). Which one would you recommend to your CEO and why?

Reference no: EM132271755

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