The bullwhip effect in supply chains with stochastic lead times

• Authors: Michna Zbigniew , Nielsen Izabela Ewa , Nielsen Peter
• Languages of publication: EN

Abstracts

In this article we consider a simple two stage supply chain. We quantify the variance amplification of orders – the bullwhip effect in a model with stochastic lead times. Employing the moving average forecasting method for lead time demands we obtain an exact value of the bullwhip effect measure. We analyze the formula using numerical examples.

Keywords

EN

supply chain; bullwhip effect; inventory policy; stochastic lead time; lead time demand forecasting

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Mathematical Economics
• Year: 2013
• Issue: 9 (16)
• Pages: 71-88

Contributors

author

Michna Zbigniew

author

Nielsen Izabela Ewa

author

Nielsen Peter

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