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We consider the reorder point, order quantity inventory model where the demand, D, and the lead time, L, are independently and identically distributed (iid) random variables. This model is analytically intractable because of order crossover. However, we show how to resolve the intractability by...
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We develop an open information standard to assist supply chain modeling, analysis, and decision support. The Supply Chain Modeling Language (SCML) is a platform- and methodology-independent Extensible Markup Language (XML)-based markup language for storing supply chain structural and managerial...
Persistent link: https://www.econbiz.de/10005277796
An almost universal assumption in the bullwhip effect modeling literature is that excess goods may be returned without restriction. We seek to determine if returns impact the level of bullwhip effect observed in a multi-stage supply chain. We build a hybrid agent/discrete-event simulation model...
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