Information transformation in a supply chain: a simulation study

Information transformation in a supply chain: a simulation study

0.00 Avg rating0 Votes
Article ID: iaor20052170
Country: United Kingdom
Volume: 32
Issue: 3
Start Page Number: 707
End Page Number: 725
Publication Date: Mar 2005
Journal: Computers and Operations Research
Authors: , , ,
Keywords: information, simulation: applications
Abstract:

We study the information transformation by simulating a multi-stage supply chain when the end customer's demand is a general autoregressive integrated moving average process, and the information, represented in the form of orders, is propagated from downstream to upstream in the supply chain. Our simulation results indicate several important and novel phenomena that need further theoretical analysis: (1) the anti-bullwhip effect and the transition from the regular bullwhip effect; (2) the trend of information transformation at higher stages of a supply chain; (3) the impact of lead-time on information transformation and the so-called ‘lead-time paradox’. In this paper, we will demonstrate these aspects via extensive computational experiments.

Reviews

Required fields are marked *. Your email address will not be published.