Impact of information sharing and lead time on bullwhip effect and on-hand inventory

@article{Agrawal2009ImpactOI,
  title={Impact of information sharing and lead time on bullwhip effect and on-hand inventory},
  author={Sunil Agrawal and Raghu Nandan Sengupta and Kripa Shanker},
  journal={European Journal of Operational Research},
  year={2009},
  volume={192},
  pages={576-593}
}
This work analyzes a two echelon (warehouse–retailer) serial supply chain to study the impact of information sharing (IS) and lead time on bullwhip effect and on-hand inventory. The customer demand at the retailer is assumed to be an autoregressive (AR(1)) process. Both the echelons use a minimum mean squared error (MMSE) model for forecasting lead time demand (LTD), and follow an adaptive base-stock inventory policy to determine their respective order quantities. For the cases of without IS… CONTINUE READING
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