A Simulation Model Articulation of the REA Ontology

  • Authors:

  • Wim Laurier;Geert Poels

  • Affiliations:

  • Department of Management Information and Operational Management, Faculty of Economic and Business Administration, Ghent University, Ghent, Belgium 9000;Department of Management Information and Operational Management, Faculty of Economic and Business Administration, Ghent University, Ghent, Belgium 9000

  • Venue:
  • OTM '09 Proceedings of the Confederated International Workshops and Posters on On the Move to Meaningful Internet Systems: ADI, CAMS, EI2N, ISDE, IWSSA, MONET, OnToContent, ODIS, ORM, OTM Academy, SWWS, SEMELS, Beyond SAWSDL, and COMBEK 2009
  • Year:
  • 2009

Quantified Score

Hi-index 0.00

Visualization

Abstract

This paper demonstrates how the REA enterprise ontology can be used to construct simulation models for business processes, value chains and collaboration spaces in supply chains. These models support various high-level and operational management simulation applications, e.g. the analysis of enterprise sustainability and day-to-day planning. First, the basic constructs of the REA ontology and the ExSpect modelling language for simulation are introduced. Second, collaboration space, value chain and business process models and their conceptual dependencies are shown, using the ExSpect language. Third, an exhibit demonstrates the use of value chain models in predicting the financial performance of an enterprise.