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Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information

Chen, Frank; Drezner, Zvi; Ryan, Jennifer K.; … - In: Management Science 46 (2000) 3, pp. 436-443

An important observation in supply chain management, known as the bullwhip effect, suggests that demand variability increases as one moves up a supply chain. In this paper we quantify this effect for simple, two-stage supply chains consisting of a single retailer and a single manufacturer. Our...

Persistent link: https://www.econbiz.de/10009214194

Bounded Rationality in Newsvendor Models

Su, Xuanming - In: Manufacturing & Service Operations Management 10 (2008) 4, pp. 566-589

and underordering may occur. We also investigate the impact of these biases on several other inventory settings that have …, and inventory pooling. We find that incorporating decision noise and optimization error yields results that are consistent …

Persistent link: https://www.econbiz.de/10009218743

Returns and the bullwhip effect

Chatfield, Dean C.; Pritchard, Alan M. - In: Transportation Research Part E: Logistics and … 49 (2013) 1, pp. 159-175

An almost universal assumption in the bullwhip effect modeling literature is that excess goods may be returned without restriction. We seek to determine if returns impact the level of bullwhip effect observed in a multi-stage supply chain. We build a hybrid agent/discrete-event simulation model...

Persistent link: https://www.econbiz.de/10010755007

Last time buy and repair decisions for spare parts

Behfard, S.; van der Heijden, M.C.; Al Hanbali, A.; … - In: European Journal of Operational Research 244 (2015) 2, pp. 498-510

Original Equipment Manufacturers (OEM's) of advanced capital goods often offer service contracts for system support to their customers, for which spare parts are needed. Due to technological changes, suppliers of spare parts may stop production at some point in time. As a reaction to that...

Persistent link: https://www.econbiz.de/10011209336

NEAR-OPTIMAL MODIFIED BASE STOCK POLICIES FOR THE CAPACITATED INVENTORY PROBLEM WITH STOCHASTIC DEMAND AND FIXED COST

ÖZENER, OKAN ÖRSAN; GÜLLÜ, REFIK; ERKIP, NESIM - In: Asia-Pacific Journal of Operational Research (APJOR) 31 (2014) 03, pp. 1450019-1

In this study, we investigate a single-item, periodic-review inventory problem where the production capacity is limited …

Persistent link: https://www.econbiz.de/10011010823

A fast simulated annealing method for batching precedence-constrained customer orders in a warehouse

Matusiak, Marek; de Koster, René; Kroon, Leo; … - In: European Journal of Operational Research 236 (2014) 3, pp. 968-977

Batching customer orders in a warehouse can result in considerable savings in order pickers’ travel distances. Many … picker-to-parts warehouses have precedence constraints in picking a customer order. In this paper a joint order-batching and … picker routing method is introduced to solve this combined precedence-constrained routing and order-batching problem. It …

Persistent link: https://www.econbiz.de/10011097683

Taxonomy of batch queueing models in manufacturing systems

Wu, Kan - In: European Journal of Operational Research 237 (2014) 1, pp. 129-135

Batching plays an important role in performance evaluation of manufacturing systems. Three types of batching are … commonly seen: transfer batches, parallel batches and serial batches. To model the batching behavior correctly, a comprehensive … classification of batching is proposed. Eight types of batching behavior are classified and corresponding queueing models are given …

Persistent link: https://www.econbiz.de/10011097859

Supply chain scheduling at the manufacturer to minimize inventory holding and delivery costs

Selvarajah, Esaignani; Zhang, Rui - In: International Journal of Production Economics 147 (2014) PA, pp. 117-124

In a supply chain, a manufacturer receives jobs from suppliers at distinct time points, and produces and delivers final products to customers in batches. The manufacturer can be modeled as a single machine in the supply chain and the problem can thus be modelled as minimizing the sum of weighted...

Persistent link: https://www.econbiz.de/10010869079

Disaggregation and consolidation of imperfect quality shipments in an extended EPQ model

Yassine, Ali; Maddah, Bacel; Salameh, Moueen - In: International Journal of Production Economics 135 (2012) 1, pp. 345-352

produced inventory will have imperfect quality, where P is a random variable with a known distribution. We consider a 100 … scenarios we derive closed-form expressions for both the economic production quantity and the batching policy, and show that our …

Persistent link: https://www.econbiz.de/10010597263

Solving the serial batching problem in job shop manufacturing systems

Shen, Liji; Buscher, Udo - In: European Journal of Operational Research 221 (2012) 1, pp. 14-26

batching decisions, we propose a tabu search algorithm which consists of various neighborhood functions, multiple tabu lists … benefits of batching. …

Persistent link: https://www.econbiz.de/10010597707