• DocumentCode
    3406980
  • Title

    A study of JMI in supply chain based on system dynamics

  • Author

    Jin, Dan ; Zhang, Lijuan

  • Author_Institution
    Beijing Inst. of Technol., Beijing, China
  • fYear
    2009
  • fDate
    10-12 Nov. 2009
  • Firstpage
    1336
  • Lastpage
    1341
  • Abstract
    This paper establishes a model of the jointly managed inventory (JMI) for iron and steel enterprises based on system dynamics (SD), and simulates the model dynamically with the specific business data. Through a quantitative analysis on the optimization role of the JMI and the bullwhip effect (BE) of supply chain, the paper concludes the feasibility and superiority of the JMI in the supply chain for iron and steel enterprises.
  • Keywords
    inventory management; supply chains; JMI; bullwhip effect; jointly managed inventory; supply chain; system dynamics; Computational modeling; Computer simulation; Costs; Feedback; Inventory management; Iron; Metals industry; Power system modeling; Steel; Supply chains;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Grey Systems and Intelligent Services, 2009. GSIS 2009. IEEE International Conference on
  • Conference_Location
    Nanjing
  • Print_ISBN
    978-1-4244-4914-9
  • Electronic_ISBN
    978-1-4244-4916-3
  • Type

    conf

  • DOI
    10.1109/GSIS.2009.5408120
  • Filename
    5408120