Purpose - The purpose of this paper is to analyse some dynamic consequences of the theoretical foundations of the balanced scorecard (BSC) with the aid of a simulation approach based on part of a real BSC. <p> Design/methodology/approach - The model includes five perspectives and a number of...</p>

Judging from the vast number of articles in the field of queuing simulation, that assumes i.i.d. in one or more of the stochastic processes used to model the situation at hand, often without much validation, it seems that sequence independence must be a very basic property of many real life...

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The bullwhip effect as a concept has been known for almost half a century starting with the Forrester effect. The bullwhip effect is “allegedly” observed in many supply chains, and it is generally accepted as a potential malice. Despite this the bullwhip effect still seems to be first and...