Measuring the bullwhip effect for supply chains with seasonal demand components
C.H. Nagaraja,
A. Thavaneswaran and
S.S. Appadoo
European Journal of Operational Research, 2015, vol. 242, issue 2, 445-454
Abstract:
A bullwhip measure for a two-stage supply chain with an order-up-to inventory policy is derived for a general, stationary SARMA(p, q) × (P, Q)s demand process. Explicit expressions for several SARMA models are obtained to illustrate the key relationship between lead-time and seasonal lag. It is found that the bullwhip effect can be reduced considerably by shortening the lead-time in relation to the seasonal lag value.
Keywords: Supply chains; Bullwhip; Time series; Seasonal demand (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221714008431
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:242:y:2015:i:2:p:445-454
DOI: 10.1016/j.ejor.2014.10.022
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().