Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
478910 | European Journal of Operational Research | 2008 | 14 Pages |
Abstract
In this paper, we quantify the impact of the bullwhip effect – the phenomenon in which information on demand is distorted as moving up a supply chain – for a simple two-stage supply chain with one supplier and one retailer. Assuming that the retailer employs a base stock inventory policy, and that the demand forecast is performed via a mixed autoregressive-moving average model, ARMA(1, 1), we investigate the effects of the autoregressive coefficient, the moving average parameter, and the lead time on the bullwhip effect.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Truong Ton Hien Duc, Huynh Trung Luong, Yeong-Dae Kim,