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A major cause of supply chain deficiencies is the bullwhip effect. Supply chain managers experience this variance amplification in both inventory levels and replenishment orders. In this paper, we analyse a major cause of the bullwhip effect, namely the classical Order-Up-To (OUT) policy and...
Persistent link: https://www.econbiz.de/10005754439
A major cause of supply chain deficiencies is the bullwhip effect. Supply chain managers experience this variance amplification in both inventory levels and replenishment orders. In this paper, we analyse a major cause of the bullwhip effect, namely the classical Order-Up-To (OUT) policy and...
Persistent link: https://www.econbiz.de/10008563603
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It is well known that forecasting mechanisms can greatly increase "bullwhip" – demand variance amplification of orders as processed by both human and algorithmic decision makers. This paper is concerned with the application of the well-established APIOBPCS Decision Support System (a variant of...
Persistent link: https://www.econbiz.de/10009467350
Persistent link: https://www.econbiz.de/10008715780
It is well known that forecasting mechanisms can greatly increase "bullwhip" - demand variance amplification of orders as processed by both human and algorithmic decision makers. This paper is concerned with the application of the well-established APIOBPCS Decision Support System (a variant of...
Persistent link: https://www.econbiz.de/10008869710