2021
DOI: 10.3390/su132111899
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Policies for Rapid Mitigation of the Crisis’ Effects on Agricultural Supply Chains: A Multi-Criteria Decision Support System with Monte Carlo Simulation

Abstract: This paper proposes an integrated approach towards rapid decision-making in the agricultural sector aimed at improvement of its resilience. Methodologically, we seek to devise a framework that is able to take the uncertainty regarding policy preferences into account. Empirically, we focus on the effects of COVID-19 on agriculture. First, we propose a multi-criteria decision-making framework following the Pugh matrix approach for group decision-making. The Monte Carlo simulation is used to check the effects of … Show more

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Cited by 13 publications
(11 citation statements)
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References 124 publications
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“…• Others include decision-making trial and evaluation laboratory (DEMATEL) (Miao et al 2014 ), Delphi (von der Gracht and Darkow 2013 ), dynamic programming (Zhang et al 2021 ), entropy analysis (Lu et al 2019 ), equilibrium displacement model (Xiao 2010 ), event sequence analysis (Sprecher et al 2017 ), fault tree analysis (Kumar and Havey 2013 ), failure mode, effects, and criticality analysis (FMECA) (Raab et al 2013 ), flow modelling (Lehmann et al 2011 ), fuzzy quality function deployment (Tamtam and Tourabi 2021 ), genetic algorithm and multi-choice goal programming (Razavi et al 2021 ), inductive case-based reasoning ensemble (ICBRE) (Li et al 2012 ), Petri-nets (Wang et al 2016 ), Pugh matrix approach and Monte Carlo simulation (Baležentis et al 2021 ), and Theory of Constraints (Yang et al 2009 )…”
Section: Resultsmentioning
confidence: 99%
“…• Others include decision-making trial and evaluation laboratory (DEMATEL) (Miao et al 2014 ), Delphi (von der Gracht and Darkow 2013 ), dynamic programming (Zhang et al 2021 ), entropy analysis (Lu et al 2019 ), equilibrium displacement model (Xiao 2010 ), event sequence analysis (Sprecher et al 2017 ), fault tree analysis (Kumar and Havey 2013 ), failure mode, effects, and criticality analysis (FMECA) (Raab et al 2013 ), flow modelling (Lehmann et al 2011 ), fuzzy quality function deployment (Tamtam and Tourabi 2021 ), genetic algorithm and multi-choice goal programming (Razavi et al 2021 ), inductive case-based reasoning ensemble (ICBRE) (Li et al 2012 ), Petri-nets (Wang et al 2016 ), Pugh matrix approach and Monte Carlo simulation (Baležentis et al 2021 ), and Theory of Constraints (Yang et al 2009 )…”
Section: Resultsmentioning
confidence: 99%
“…Digitalization has created a new environment for business and public sector. Baležentis et al (2021) propose an integrated approach to rapid decision-making in the agricultural sector, aimed at improving its resilience. Ambrasaitė et al (2021) introduce the decision support system (DSS) COSIMA, which includes a combination of cost-benefit analysis and multiple-criteria decision analysis (MCDA) for transport infrastructure assessments covering both economic and strategic impacts.…”
Section: Theoretical Partmentioning
confidence: 99%
“…At the same time, the impact of the COVID-19 pandemic on food sales cannot be ignored. To minimize the sharp drop in food sales, relevant departments should provide partial economic support [ 29 ].…”
Section: Safety Precautions In Cold-chain Linksmentioning
confidence: 99%