Title: THE EFFECT OF LEAD TIME ON BULLWHIP EFFECT IN SUPPLY CHAIN
Abstract:In supply chain management, one of the most critical problems which requires a lot of effort to deal with is the relief of bullwhip effect – the phenomenon in which information on demand is distorted ...In supply chain management, one of the most critical problems which requires a lot of effort to deal with is the relief of bullwhip effect – the phenomenon in which information on demand is distorted while moving upstream. Although it is well established that demand forecast, lead time, order batching, shortage gaming and price fluctuation are the main sources that lead to the bullwhip effect, the problem of quantifying bullwhip effect is still remained unsolved in many situations due to the complex nature of the problem. In this research, a measure of bullwhip effect will be developed for a two-echelon system that includes one retailer and one supplier. The retailer employs base stock policy for their inventory and demand forecast is performed through autoregressive models. The effect of lead time will then be investigated.Read More
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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