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Assessing Flood Recovery of Small Businesses using Agent-Based Modelling and Simulation
Meshal Alharbi
Graham Coates
Franco, Z.
González, J.J.
Canós, J.H.
In developed countries, small and medium-sized enterprises (SMEs) represent the majority of all businesses, e.g. 99.9% in the UK. Given this significant proportion, any disruption to the operation of SMEs will have a negative impact on a nation?s economy. In the context of flooding, this paper reports on the use of agent-based modelling and simulation (ABMS) to assess SMEs immediate response and short-term recovery. In particular, it focuses on the interactions between manufacturing SMEs and mutual aid partners, and retail SMEs and companies specializing in refurbishing premises. Results show that a manufacturing SME with a mutual aid partner can reduce loss in production by approximately 6% over a 7 working day period. In relation to retail
SMEs, those with employees able to be allocated to refurbish its premises recovered faster than SMEs employing a refurbishment company, potentially one day earlier.
urn:ISBN:978-84-09-10498-7
openurl:?ctx_ver=Z39.88-2004&rfr_id=info%3Asid%2Fidl.iscram.org%2F&genre=proceeding&title=Assessing%20Flood%20Recovery%20of%20Small%20Businesses%20using%20Agent-Based%20Modelling%20and%20Simulation&stitle=Iscram%202019&issn=2411-3387&isbn=978-84-09-10498-7&date=2019&aulast=Meshal%20Alharbi&au=Graham%20Coates&pub=Iscram&place=Valencia%2C%20Spain&sid=refbase%3AISCRAM
url:http://idl.iscram.org/show.php?record=1920
citekey:MeshalAlharbi+GrahamCoates2019
citation:Meshal Alharbi, & Graham Coates. (2019). Assessing Flood Recovery of Small Businesses using Agent-Based Modelling and Simulation. In Z. Franco, J. J. González, & J. H. Canós (Eds.), Proceedings of the 16th International Conference on Information Systems for Crisis Response And Management. Valencia, Spain: Iscram.
2019
ConferencePaper
text
SMEs
agent-based modelling and simulation
flooding
short-term recovery
manufacturing and retail.
file:http://idl.iscram.org/files/meshalalharbi/2019/1920_MeshalAlharbi+GrahamCoates2019.pdf
Iscram
English
2411-3387
Proceedings of the 16th International Conference on Information Systems for Crisis Response And Management
2019
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