Abstract

Internal and external risk management has become an important issue in today's global business environment, which is fraught with health, natural, political, economic and technical threats. This article deals with the design of a methodology for problem-solving and risk management in connection with computer simulation. The risk management methodology proposed by us consists of individual steps, which are summarized into three stages - risk assessment, risk analysis and risk management. The proposed computer simulation methodology consists of several steps, for example creating a parametric simulation model, designing experiments, analysis of the simulation model results or the evaluation of the simulation results. These steps are described in the article. After completing the previous steps, we describe the points of an action plan and what it must contain to avoid consequences and the impact of risks at the lowest possible level. An example of the use of computer simulation is the risk situation associated with the fluctuation of employees. In the end, the proposed methodology is supported by the results of our research and its further direction.

Highlights

  • The current times are full of turbulence and unexpected changes in the ecological, economic, political, demographic, and environmental or medical facilities development

  • The risks posed by products or semi-finished products are the failure to achieve the quantitative and qualitative objectives of the product or semi-finished product, which may be caused by poor quality of the input material

  • “Such manufacturing systems should be able to cope with the dynamics of the entire system, with respect to its internal and external stimuli, uncertainties and unexpected changes” (Ďurica et al, 2019)

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Summary

Introduction

The current times are full of turbulence and unexpected changes in the ecological, economic, political, demographic, and environmental or medical facilities development. Risk is a term that defines an uncertain outcome with a possible adverse condition or consequence for example on production. Production risks can be described in detail through their gradual identification and subsequent classification according to the levels of risk, or by means of questionnaires processed by designated employees. According to the economic system, risks may be divided into three levels of strategic, tactical and operational risks. “From the production point of view, these may involve, e.g., production factor risks, production processes risks and product risks” (KlöberKoch et al, 2017). A typical example of a production process risk is a deviation from the planned production cycle times or the production of more/less products than planned. Risk management must be understood as a continuous and iterative activity

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