“…Dynamic simulation models are recognized as a suitable tool to observe and predict SC behaviors over time. Simulation studies allow adding additional, dynamic features to the optimization techniques which are widely used in SC risk analysis , Sadghiani et al, 2015, Cui et al, 2016, Ivanov et al, 2016 along with heuristic approaches (Meena and Sarmah, 2013, Zhang et al, 2015, Hasani and Khosrojerdi, 2016. Most of the existing studies utilize discrete-event simulation approach (Schmitt and Singh, 2012, Ivanov, 2017a, 2017b, Schmitt et al, 2017, Ivanov and Rozhkov, 2017, Macdonald et al, 2018, Ivanov, 2019, Tan et al, 2020 while some studies use agent-based (Li and Chan, 2013, Hou et al, 2018 and system dynamics (Wilson, 2007, Aboah et al, 2019 methods, too.…”