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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 firms’ production exceeds the variance of...
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The paper shows that taking inventory control out of the hands of competitive of exclusive retailers and assigning it to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is because doing so solves incentive distortions that arise...
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This paper aims to minimize the emissions in the supply chain consisting of a vendor and a buyer under carbon regulations. Emissions from the supply chain are generated by several operations, namely production, transportation and storage, and are sought to be reduced by implementing a carbon tax...
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