DocumentCode
2965882
Title
Research on Quantitative Model of the Bullwhip Effect Based on AR(1) Demand
Author
Xu, Zhangyi ; Wang, Fei ; Chen, Fei ; Bai, Yun
Author_Institution
Sch. of Logistics Eng., Wuhan Univ. of Technol., Wuhan, China
fYear
2011
fDate
12-14 Aug. 2011
Firstpage
1
Lastpage
3
Abstract
This paper establishes a quantitative model of bullwhip effect under the max-min inventory management system with the market demand subjecting to the AR (1) demand process in a simple two-level supply system including a single supplier and a single retailer, resulting that the bullwhip effect will be extended with the increasing of lead time and service level. The result could provide some significant reference value for retailers to reduce the bullwhip effect.
Keywords
inventory management; supply and demand; AR (1) demand process; Bullwhip effect; market demand; max-min inventory management system; quantitative model; Correlation; Educational institutions; Equations; Mathematical model; Safety; Supply chains;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2011 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-6579-8
Type
conf
DOI
10.1109/ICMSS.2011.5998321
Filename
5998321
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