Work

The bullwhip effect in supply chains with stochastic lead times

Year: 2013

Type: article

Abstract: In this article we consider a simple two stage supply chain.We quantify the variance amplification of ordersthe bullwhip effect in a model with stochastic lead times.Employing the moving average forecasting method for lead time demands we obtain an exact value of the bullwhip effect measure.We analyze the formula using numerical examples.

Source: Mathematical Economics

DOI: 10.15611/me.2013.9.06

Authors: Zbigniew Michna, Izabela Nielsen, Peter Nielsen

Institutions: Wroclaw University of Economics and Business, Aalborg University

Language: English

Topic: Supply Chain and Inventory Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: bronze

OpenAlex ID: W2174455059

FWCI: 2.688

Cites: 30

Cited by: 13

Related to: 10