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A Petri Net Pareto ISO 31000 Workflow Process Decision Making Approach for Supply Chain Risk Trigger Inventory Decisions in Government Organizations

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DOI: 10.4236/iim.2014.63017    3,923 Downloads   4,975 Views   Citations

ABSTRACT

The Petri Net Pareto method proposed in this study has the advantages of acting directly on computing results by assessment of workflow process information. Our study contributes to the literature because it has investigated an ISO 31000 workflow process approach to group decision making for reducing backorders in the supply chain, from an integrated perspective utilizing Pareto charts and Petri nets. The contribution to the literature is also enhanced by the L-Project illustrative example that presents an evaluation hierarchy of supply chain risk. The proposed method is appropriate for use in situations in which assessment information may be qualitative or precise quantitative information is either unavailable or too costly to compute.

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

Rodger, J. , Pankaj, P. and Nahouraii, A. (2014) A Petri Net Pareto ISO 31000 Workflow Process Decision Making Approach for Supply Chain Risk Trigger Inventory Decisions in Government Organizations. Intelligent Information Management, 6, 157-170. doi: 10.4236/iim.2014.63017.

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