2020
DOI: 10.1080/17517575.2020.1762004
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Risk assessment of supply-chain systems: a probabilistic inference method

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Cited by 13 publications
(4 citation statements)
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References 35 publications
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“…The results show that this method has great advantages, and can be generalized to credit databases of other financial institutions. Zheng and Zhang constructed a dynamic Bayesian network model of supply chain risk to describe the nature of supply chain risk, and the results showed that supply chain risk changes over time and converges within a certain stable interval, occurrence time and holding time satisfy several Poisson processes [17].…”
Section: Value Miningmentioning
confidence: 99%
“…The results show that this method has great advantages, and can be generalized to credit databases of other financial institutions. Zheng and Zhang constructed a dynamic Bayesian network model of supply chain risk to describe the nature of supply chain risk, and the results showed that supply chain risk changes over time and converges within a certain stable interval, occurrence time and holding time satisfy several Poisson processes [17].…”
Section: Value Miningmentioning
confidence: 99%
“…For example, Lawrence et al (2020) developed a Bayesian Network to analyse supplier disruption following extreme weather risks. Similarly, Kumar Sharma and Sharma (2015) proposed a model to predict disruption risks in a supply chain, and Zheng and Zhang (2020) developed a Bayesian Network model to assess supply chain risk parameters. The latter paper concludes that the probability of a risk occurring becomes stable after a certain time.…”
Section: Bayesian Networkmentioning
confidence: 99%
“…However, the ease comes with a costly assumption of statistical independence of underlying events. Bayesian Networks somewhat alleviate this issue (Garvey et al, 2015;Lawrence et al, 2020;Lockamy, 2014;Qazi et al, 2018;Sharma & Routroy, 2016;Zheng & Zhang, 2020). Two advantages in particular need to be noted.…”
Section: Bayesian Belief Network and Fault Tree Analysismentioning
confidence: 99%
“…It is mostly used to visualise and to prioritise risks to identify and define mitigation measures. Some recent contributions have clearly improved that vision, for instance by including Bayesian consideration as presented in (Zheng and Zhang 2020).…”
Section: General Backgroundmentioning
confidence: 99%