Further insights into ‘the stability of supply chains’

Further insights into ‘the stability of supply chains’

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Article ID: iaor20043439
Country: United Kingdom
Volume: 42
Issue: 3
Start Page Number: 639
End Page Number: 648
Publication Date: Jan 2004
Journal: International Journal of Production Research
Authors: , , ,
Keywords: supply chain
Abstract:

Riddalls and Bennett presented a stability criterion for a supply chain model in continuous time. It is shown here their solution is in error and the correct stability criterion is provided. The results were substantiated by deriving the correct criterion by several independent theoretical analyses and valdiating the solution via numerical simulation. The weight of evidence suggests that the new derivations lead to correct predictions of the stability boundary for this important and widely used supply chain model. [see abstract 84805]

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