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When final customer demand exceeds available supply, retailers often hedge against shortages by inflating orders to their suppliers. While this amplification in orders is clearly described in the literature, there is little experimental research quantifying the factors influencing these...
Persistent link: https://www.econbiz.de/10013216341
Simulation modeling can be valuable in many areas of management science, but is often costly, time-consuming and difficult to do. This paper describes a new approach to simulation that has the potential to be much cheaper, faster and easier to use in many situations. In this approach, users...
Persistent link: https://www.econbiz.de/10003947805
Previous research on the bullwhip effect shows that information visibility – Point-Of-Sale (POS) data or supply chain partner inventory data – can reduce the amplification of orders in a supply chain. This study compiles and analyzes the data from two previous experiments with the Beer Game...
Persistent link: https://www.econbiz.de/10014087618
The COVID-19 pandemic presented the world to a novel class of problems highlighting distinctive features that render standard academic research and participatory processes less effective in properly informing public health interventions in a timely way. The urgency and rapidity of the emergency,...
Persistent link: https://www.econbiz.de/10014087828