An analytical investigation of the bullwhip effect
成果类型:
Article
署名作者:
Warburton, RDH
署名单位:
University of Massachusetts System; University Massachusetts Dartmouth
刊物名称:
PRODUCTION AND OPERATIONS MANAGEMENT
ISSN/ISSBN:
1059-1478
发表日期:
2004
页码:
150-160
关键词:
摘要:
The Bullwhip Effect is problematic: order variability increases as orders propagate along the supply chain. The fundamental differential delay equations for a retailer's inventory reacting to a surge in demand are solved exactly. Much of the rich and complex inventory behavior is determined by the replenishment delay. The analytical solutions agree with numerical integrations and previous control theory results. Managerially useful ordering strategies are proposed. Exact expressions are derived for the retailer's orders to the manufacturer, and the Bullwhip Effect arises naturally. The approach is quite general and applicable to a wide variety of supply chain problems.