Virtual Laboratory on Simulation and Gaming
Supply Chain Risk Pooling Decision Using Simulation
Module Learning Objectives:
To understand the purpose and importance of Risk Pooling.
To understand the trade-offs in the "
To learn the basics of
To apply the simulation procedure to the "Risk Pooling" model for making a decision in case of a
Normally Distributed Demand
Study the Theory and Video Tutorial thoroughly.
Go to on-line Simulator and conduct experiments.
Complete the on-line quiz to evaluate your learning.