Simulation Research on the Stock Control Strategy of VMI Combined Revenue Sharing

@article{Zhu2008SimulationRO,
  title={Simulation Research on the Stock Control Strategy of VMI Combined Revenue Sharing},
  author={Zhang Tie Zhu and Wang Yue Peng},
  journal={2008 International Symposiums on Information Processing},
  year={2008},
  pages={657-661}
}
A mixed strategy which combines VMI and revenue sharing is put forward in this paper due to the problem of supply chain's hierarchy stock control strategy. A hierarchy and multi-cycle simulation model is constructed by multi-agent as well. The stock strategy of(S, Q), VMI, and VMI which is combined with revenue-sharing is carried out by discrete event simulation software EM-Plant. As the result, the stock strategy of VMI combined with revenue sharing not only reduces bullwhip effect and average… CONTINUE READING