2015
DOI: 10.1016/j.eswa.2014.12.052
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Transportation risk analysis using probabilistic model checking

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Cited by 26 publications
(10 citation statements)
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“…Logistics outsourcing can reduce fixed costs and increase flexibility, allowing for a greater focus on a firm's core activities, a reduction of heavy asset investments and an improvement of service quality (Hsu et al, 2012). At the same time, the decision to outsource includes a number of risks related to the loss of control, long-term commitment and the failures of some LSPs to perform their duties (Farahani et al, 2011;Wang et al, 2014;Soeanu et al, 2015). Table 1 summarises some of the expected advantages and disadvantages of logistics outsourcing: …”
Section: Introductionmentioning
confidence: 99%
“…Logistics outsourcing can reduce fixed costs and increase flexibility, allowing for a greater focus on a firm's core activities, a reduction of heavy asset investments and an improvement of service quality (Hsu et al, 2012). At the same time, the decision to outsource includes a number of risks related to the loss of control, long-term commitment and the failures of some LSPs to perform their duties (Farahani et al, 2011;Wang et al, 2014;Soeanu et al, 2015). Table 1 summarises some of the expected advantages and disadvantages of logistics outsourcing: …”
Section: Introductionmentioning
confidence: 99%
“…Therefore, probabilistic risk assessment techniques have been widely used in a variety of applications in the marine industry. For instance, Soeanu et al (2015) have recently introduced a paper conducting probabilistic risk analysis method upon transportation solution. Likewise, another paper was presented to perform probabilistic risk assessment upon tanker ship collision cases which caused accidental cargo oil flow (Goerlandt and Montewka, 2014).…”
Section: Literature Reviewmentioning
confidence: 99%
“…PRISM is one of the widely used probabilistic model checker that has been successfully applied to model and assess various reactive systems that exhibit random as well as nondeterministic behavior [29]. A variety of systems have been analyzed with the help of PRISM such as security protocols, randomized distributed algorithms, network protocols, and transportation systems [30]- [33]. A system can be broken into modules that interact with each other thereby resulting in system evolution.…”
Section: ) the Probabilistic Model Checker (Prism)mentioning
confidence: 99%