Avoiding the bullwhip effect using Damped Trend forecasting and the Order-Up-To replenishment policy
نویسندگان
چکیده
منابع مشابه
Avoiding the bullwhip effect using Damped Trend forecasting and the Order-Up-To replenishment policy
We study the Damped Trend forecasting method and its bullwhip generating behaviour when used within the Order-Up-To (OUT) replenishment policy. Using z-transform transfer functions we determine complete stability criteria for the Damped Trend forecasting method. We show that this forecasting mechanism is stable for a much larger proportion of the parametrical space than is generally acknowledge...
متن کاملOn Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains
1. Modern supply chains Supply chains are networks of firms who pool their capabilities and resources in order to deliver value to the end consumer. Firms are no longer able to own or control complete supply chains. Information technology and modern logistics capabilities have created a global market where companies can take advantage of the opportunity to source internationally (IBM Business C...
متن کاملControlling the Bullwhip Effect in a Supply Chain Network with an Inventory Replenishment Policy by a Robust Control Method
This paper develops a mathematical model using differential equations and considers a bullwhip effect in a supply chain network with multiple retailers and distributors. To ensure the stability of the entire system and reduce the bullwhip effect, a robust control method and an inventory replenishment policy are proposed. This shows that the choice of the output matrix may reduce the bullwhip ef...
متن کاملExistence and blow-up of solution of Cauchy problem for the sixth order damped Boussinesq equation
In this paper, we consider the existence and uniqueness of the global solution for the sixth-order damped Boussinesq equation. Moreover, the finite-time blow-up of the solution for the equation is investigated by the concavity method.
متن کاملInventory Performance of the Damped Trend Forecasting Method
The Damped Trend (DT) forecasting method has been recognized for its superior accuracy. Li et al., (2014) show when DT forecasts are used within the order-up-to (OUT) policy, the bullwhip effect is avoided by using unconventional DT parameter settings. We extend this study in three directions. First, by investigating the relationship between the stability and invertibility, we show that stable ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Production Economics
سال: 2014
ISSN: 0925-5273
DOI: 10.1016/j.ijpe.2013.11.010