A simulation-based analysis of supply disruption response strategies: Ready-aim-fire or ready-fire-aim?

Bode, Christoph ; Merath, Maximilian

Document Type: Conference presentation
Year of publication: 2016
Conference title: Decision Sciences Institute (DSI) Annual Meeting 2016
Location of the conference venue: Austin, TX
Date of the conference: November 19-21, 2016
Publication language: English
Institution: Business School > Stiftungslehrstuhl für Procurement (Bode 2014-)
Subject: 650 Management
Keywords (English): decision making , disruption management , uncertainty , NK model , fitness landscape
Abstract: When firms need to respond to supply disruptions, managers typically face response uncertainty. We are investigating which implications a decision-maker’s tendency to gather information before taking action (ready-aim-fire) or to act first (ready-fire-aim) has for the performance of recovery processes of firms. To this end, we conduct agent-based simulation experiments.

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BASE: Bode, Christoph ; Merath, Maximilian

Google Scholar: Bode, Christoph ; Merath, Maximilian

ORCID: Bode, Christoph ORCID: 0000-0001-5006-5804 ; Merath, Maximilian

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