Finding method of business risk factors by using qualitative and quantitative hybrid simulation

Masanori Akiyoshi, Keisuke Negoro, Koshichiro Mitsukuni, Norihisa Komoda

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

This paper addresses a new approach to find business risk factors based on business scenarios derived from qualitative-quantitative hybrid simulation. To investigate business risk factors under uncertain business environment, cause-effect interpretation of business factors along with time is significant for decision-makers. Business factors are represented either qualitatively or quantitatively. Our proposed simulation model involves such aspects with structural model representation and generates possible scenarios by using Monte Carlo simulation. However, possible scenarios as probability distribution of target factors inherently involve risk scenarios and non-risk scenarios from decision-makers point of views. Identifying risk factors still resorts to decision-makers without computational analysis support on derived outputs. Therefore we propose a finding method of business risk factors on target models.

Original languageEnglish
Title of host publicationIEEE International Conference on Industrial Informatics (INDIN)
Pages654-657
Number of pages4
DOIs
Publication statusPublished - 2009
Externally publishedYes
Event2009 7th IEEE International Conference on Industrial Informatics, INDIN 2009 - Cardiff
Duration: 2009 Jun 232009 Jun 26

Other

Other2009 7th IEEE International Conference on Industrial Informatics, INDIN 2009
CityCardiff
Period09/6/2309/6/26

ASJC Scopus subject areas

  • Computer Science Applications
  • Information Systems

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