3.8 Proceedings Paper

Measuring Blood Supply Chain Performance Using Monte-Carlo Simulation

Journal

IFAC PAPERSONLINE
Volume 55, Issue 10, Pages 2011-2017

Publisher

ELSEVIER
DOI: 10.1016/j.ifacol.2022.10.003

Keywords

Blood Supply Chain; Inventory Management; Monte Carlo simulation

Ask authors/readers for more resources

A Monte-Carlo simulation approach is used to model the blood supply chain and analyze its performance under different supply strategies. The validation using real case study data increases the practical application of the proposed model. The results show that a slight increase in collected blood units leads to noticeable improvement in availability percentage with an acceptable increase in total cost.
A Monte-Carlo simulation approach is used to model the blood supply chain (BSC) under both supply and demand uncertainty, two different blood supply strategies are generated to analyze the BSC performance. The data used in the validation and verification of the model is a real case study that increases the practical application of the proposed model. The results show that a slight increase in collected blood units will lead to a noticeable increase in minimum and average availability percentage accompanied by an acceptable increase in the total BSC cost, taking into consideration the effect of cost parameters on total cost behavior. Copyright (C) 2022 The Authors.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

3.8
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available