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Order volatility is an unfortunate fact of life facing most suppliers of both products and services. In this paper we are concerned with establishing the magnitude of the problem faced by the European automotive sector. The evidence has been acquired via the site-based Quick Scan Audit...
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We consider the bullwhip problem in a multi-product scenario, specifically looking at the impact of product demands on production and inventory cost performance in a factory setting. A Vector Auto-Regressive process of the first order (VAR(1)) is used to represent two different demand processes....
Persistent link: https://www.econbiz.de/10010678519
We consider the bullwhip problem in a multi-product scenario, specifically looking at the impact of product demands on production and inventory cost performance in a factory setting. A Vector Auto-Regressive process of the first order (VAR(1)) is used to represent two different demand processes....
Persistent link: https://www.econbiz.de/10010704558