Dobos, Imre (2011) The analysis of bullwhip effect in a HMMS-type supply chain. International Journal of Production Economics, 131 (1). pp. 250-256. DOI 10.1016/j.ijpe.2010.11.021
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Official URL: http://linkinghub.elsevier.com/retrieve/pii/S0925527310004500
Abstract
The aim of the paper is to investigate the well-known bullwhip effect of supply chains. Control theoretic analysis of bullwhip effect is extensively analyzed in the literature with the Laplace transform. This paper tries to examine the effect for an extended Holt–Modigliani–Muth–Simon model. A two-stage supply chain (supplier–manufacturer) is studied with quadratic costs functional. It is assumed that both firms minimize the relevant costs. The order of the manufacturer is delayed with a known constant. Two cases are examined: supplier and manufacturer minimize the relevant costs decentralized, and a centralized decision rule. The question is answered, how to decrease the bullwhip effect.
Item Type: | Article |
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Series Number / Identification Number: | 10.1016/j.ijpe.2010.11.021 |
Uncontrolled Keywords: | Optimal control, Supply chain, Bullwhip effect |
Divisions: | Faculty of Business Administration > Institute of Business Economics > Department of Logistics and Supply Chain Management |
Subjects: | Logistics, production management |
DOI: | 10.1016/j.ijpe.2010.11.021 |
ID Code: | 333 |
Deposited By: | Ádám Hoffmann |
Deposited On: | 14 Apr 2011 16:05 |
Last Modified: | 18 Oct 2021 08:44 |
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