img Leseprobe Leseprobe

Financial and operational risk exposure in the presence of severe production disruptions

Yves Görgen

PDF
16,99
Amazon iTunes Thalia.de Weltbild.de Hugendubel Bücher.de ebook.de kobo Osiander Google Books Barnes&Noble bol.com Legimi yourbook.shop Kulturkaufhaus ebooks-center.de
* Affiliatelinks/Werbelinks
Hinweis: Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.

GRIN Verlag img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Betriebswirtschaft

Beschreibung

Bachelor Thesis from the year 2020 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, Frankfurt School of Finance & Management, language: English, abstract: Driven by the case of a pharmaceutical company, this thesis examines the effect of severe production process disruptions over the market cycle of a high-margin product. Using Monte Carlo simulation, the financial, as well as operational risks and performance implications, are quantified under various scenarios. Thereby, the model includes the possibility of repeated disruptions based on stochastic occurrences and the resulting short and long-term consequences due to the availability of substitutes. Besides, the study evaluates appropriate risk management strategies based on safety stock policies and different risk preferences of the decision-maker. The results indicate rather moderate implications on expected profits due to production disruptions but a substantial impact on the downside risk for a firm. The optimal inventory policy depends significantly on the disruptions parameters, characteristics of the firm and risk appetite of the decision-maker and cannot be generalized. In case of a highly profitable product, conservative inventory policies are advantageous, as they do not only mitigate risks but also lead in most scenarios to a higher expected profit than lean policies.

Weitere Titel in dieser Kategorie
Cover Double Takes
John Goodchild
Cover Environomics
Dharshini David
Cover Soft Skills
Mihnea Moldoveanu
Cover Exit On Top
Brooke Lively
Cover Disciplined Agility (DAD)
Geoff D. Washington
Cover German Profit Taxes
Christian Lösel
Cover German Profit Taxes
Gernot Brähler

Kundenbewertungen

Schlagwörter

Supply chain disruptions, Supply chain risk management, Production disruptions, Inventory, Supply chain risk, Supply chain, Inventory management, Monte Carlo, Risk management