Measuring the bullwhip effect for supply chains with seasonal demand components

A bullwhip measure for a two-stage supply chain with an order-up-to inventory policy is derived for a general, stationary SARMA(p, q) × (P, Q)s demand process. Explicit expressions for several SARMA models are obtained to illustrate the key relationship between lead-time and seasonal lag. It is found that the bullwhip effect can be reduced considerably by shortening the lead-time in relation to the seasonal lag value.

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Year of publication:	2015
Authors:	Nagaraja, C.H. ; Thavaneswaran, A. ; Appadoo, S.S.
Published in:	European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 242.2015, 2, p. 445-454
Publisher:	Elsevier
Subject:	Supply chains \| Bullwhip \| Time series \| Seasonal demand

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011190780