Supply Chain Management: A Teaching Experiment

Rachel Croson, Karen Donohue (), Elena Katok () and John Sterman ()
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Karen Donohue: University of Minnesota
John Sterman: Massachusetts Institute of Technology

Chapter Chapter 13 in Experimental Business Research, 2005, pp 285-296 from Springer

Abstract: Abstract How firms choose and manage their inventory is a question of interest for academics and practitioners in many fields, including Operations Management, Marketing, and Information Technology. Much recent attention has focused on the possibilities of information-sharing systems to aid in this setting, including sharing inventory information among firms (SAP) and sharing point-of-sale data (EDI). This classroom exercise illustrates the existence and implications of bounded rationality on the part of inventory managers, and shows how systems like these can help in inventory decision-making.

Keywords: Supply Chain; Supply Chain Management; Customer Demand; Customer Order; Board Game (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1007/0-387-24244-9_13

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