Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
482120 | European Journal of Operational Research | 2008 | 14 Pages |
Abstract
This paper analyzes the bullwhip effect in single-echelon supply chains driven by arbitrary customer demands and operated nondeterministically. The supply chain, with stochastic system parameters, is modeled as a Markovian jump linear system. The paper presents robust analytical conditions to diagnose the bullwhip effect and bound its magnitude. The tests are independent of the customer demand. Examples are given. Ordering policies that pass these tests, and thus avoid the bullwhip effect in random environments for arbitrary customer demands, are shown to exist. The paper also presents possible extensions to multi-echelon chains.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Yanfeng Ouyang, Carlos Daganzo,