Stability is a fundamental design property of inventory systems. However, the often exploited linearity assumptions in … production and inventory system with a Forbidden Returns constraint (that is, a non-negative order rate) is studied via a … Inventory and Order Based Production Control System) and EPVIOBPCS (Estimated Pipeline, Variable Inventory and Order Based …

amplification in both inventory levels and replenishment orders. In this paper, we analyse a major cause of the bullwhip effect … variability in orders may have a negative impact on customer service due to increase in inventory variance. We quantify the … contribution of this paper is the analysis of the tradeoff between bullwhip and inventory variance resulting in a 'golden smoothing …