Teaching the Costs of Uncoordinated Supply Chains

Charles L. Munson (), Jianli Hu () and Meir J. Rosenblatt
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Charles L. Munson: College of Business and Economics, Washington State University, PO Box 644736, Pullman, Washington 99164-4736
Jianli Hu: College of Business and Economics, Washington State University, PO Box 644736, Pullman, Washington 99164-4736
Meir J. Rosenblatt: (deceased) formerly Professor at Washington University in St. Louis, Missouri, and Technion'Israel Institute of Technology

Interfaces, 2003, vol. 33, issue 3, 24-39

Abstract: Supply-chain management has become a prominent area for teaching and research. Academics and managers realize that communication and coordination among members of a supply chain enhance its effectiveness, creating financial benefits to be shared by the members. We have collected numerical examples covering (1) location decisions, (2) centralized warehousing, (3) lot sizing with deterministic demand, (4) demand forecasting, (5) pricing, and (6) lot sizing with stochastic demand in a newsvendor environment. The examples are suitable for classroom use, and they illuminate the rewards supply-chain members can obtain by eliminating naturally occurring supply-chain inefficiencies and the costs of not doing so.

Keywords: Professional:; OR/MS; education.; Supply-chain; management; . (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)

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