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...

Operations Management endeavors to identify polices that improve real-world operating systems. However, these systems often consist of actors that do not behave fully rationally and to improve performance managers must predict how such boundedly-rational actors will behave. Approaches to this...