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 sup- port various high-level and operational management simulation applica- tions, e.g. the analysis of enter- prise sustainability and day-to-day plan- ning..First, the basic constructs of the REA ontology and the ExSpect modelling language for simulation are intro- duced. Second, collabora- tion 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.
Laurier, W., & Poels, G. (2009). A Simulation Model Articulation of the REA Ontology. On the Move Confederated International Conference and Workshops, Vilamoura (Portugal).