A major cause of supply chain deficiencies is the bullwhip effect. This effect refers to the tendency of the variance of the replenishment orders to increase as one moves up a supply chain. Supply chain managers experience this variance amplification in both inventory levels and replenishment...

We consider the bullwhip problem in a multi-product scenario, specifically looking at the impact of product demands on production and inventory cost performance in a factory setting. A Vector Auto-Regressive process of the first order (VAR(1)) is used to represent two different demand processes....

We consider the bullwhip problem in a multi-product scenario, specifically looking at the impact of product demands on production and inventory cost performance in a factory setting. A Vector Auto-Regressive process of the first order (VAR(1)) is used to represent two different demand processes....