Title: Supply Chain Bullwhip Effect Simulation Under Different Inventory Strategy
Abstract: Abstract: Bullwhip effect means the magnification of demand fluctuations, which is evident in a supply chain when demand increases and decreases. Different production strategy and inventory strategy can influence the extent of bullwhip effect which is reflected in the change of inventory quantity. This paper discusses the bullwhip effect under different production environment and different inventory policy by virtue of system dynamics Research results show that the longer the leading time, the longer the inventory adjustment, and the longer the smoothing time; Under MTS production environment situation, the smoothing time in (s, S) inventory strategy is shorter than in VMI inventory strategy and fluctuation range of VMI is lower than of (s, S). These researches verify the relation between variables and understand the consequences of decisions for the policy reference in supply chain management.
Publication Year: 2011
Publication Date: 2011-03-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 1
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