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This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firm's production exceeds the variance of...
Persistent link: https://www.econbiz.de/10011736756
This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firms’ production exceeds the variance of...
Persistent link: https://www.econbiz.de/10011820911
We apply Multi-Agent Deep Reinforcement Learning (MADRL) to inventory management problems with multiple echelons and evaluate MADRL's performance to minimize the overall costs of a supply chain. We also examine whether the upfront-only information-sharing mechanism used in MADRL helps alleviate...
Persistent link: https://www.econbiz.de/10014237002
Due to the more complex structure of the omnichannel supply chain, the variation and influencing factors of its bullwhip effect have aroused increasing scholarly attention.In this paper, we study omni-channel supply chains that include both online and offline channels and the demand for goods in...
Persistent link: https://www.econbiz.de/10014242237
An important supply chain research problem is the bullwhip effect: demand fluctuations increase as one moves up the supply chain from retailer to manufacturer. It has been recognized that demand forecasting and ordering policies are two of the key causes of the bullwhip effect. In this paper we...
Persistent link: https://www.econbiz.de/10012725489
Remanufacturing is a process that usually result in a used product being as good as new. However, not all customers view remanufactured products as similar to new products. Some customers perceive remanufactured products to be inferior in terms of quality compared to new products. In such cases,...
Persistent link: https://www.econbiz.de/10012294251
The study sought to determine the role of vendor-managed inventory and form postponement in mitigating against the bullwhip effect in the bakery industry. The bullwhip effect is referred to as demand distortions along the upstream supply chain that is caused by variances between supply and...
Persistent link: https://www.econbiz.de/10014451989
Persistent link: https://www.econbiz.de/10012155576
Persistent link: https://www.econbiz.de/10009722195
Purpose: Healthcare is a universally used service that hugely affects economies and the quality of life. The research of service supply chains has found a significant role in the past decade. The main research goal of this paper is to model and simulate the internal service supply chains of a...
Persistent link: https://www.econbiz.de/10011899928