On replenishment rules, forecasting, and the Bullwhip effect in supply chains
By: Stephen M. Disney, Marc R. Lambrecht
Contributors: Lambrecht, Marc
Series: Foundations and trends in technology, information and operations management -- vol. 2, issue 1; Foundations and trends in technology, information and operations management -- v. 2, no. 1.
Publisher: Now Publishers
Published: 2008
Place of publication: Boston
Language: eng
Format: [electronic resource] /
Number of pages: 83
ISBN-13: 9781601981332; 9781601981325
Subjects: TECHNOLOGY & ENGINEERING; Management; Production & Operations Management; Business forecasting; Inventory control; Business logistics; Industrial Technology; Industrial Engineering; BUSINESS & ECONOMICS
Description: In this review we focus on supply coordination and use the bullwhip effect as the key example of supply chain inefficiency. We emphasize the managerial relevance of the bullwhip effect and the methodological issues so that both managers and researchers can benefit.
Notes: Includes bibliographical references (p. 77-83).

Description based on print version record.
Table of contents: title: Abstract; title: Modern supply chains; title: The bullwhip effect: the dynamics of supply chains; title: Empirical evidence of bullwhip; title: Causes of the bullwhip effect; title: The link between the bullwhip effect and supply chain costs; title: Methodological approaches to studying the bullwhip problem; title: Continuous time methods; title: Discrete time methods; title: Other approaches; title: Replenishment rules, forecasting, and the demand process; title: A smoothing replenishment rule for a stationary i.i.d. demand process; title: Analysis of the smoothing rule under stationary demand; title: A smoothing replenishment rule under ARMA (1,1) demand with exponential smoothing; title: The generalized out policy under ARMA demand with exponential smoothing forecasts; title: Minimum mean squared error forecasting; title: Transferring the inventory decisions to the upstream levels: vendor managed inventory as a variance reduction tool; title: Coordination of replenishment rules in a multi-echelon setting; title: The retailer's order and inventory variance; title: The manufacturer's order and inventory variance; title: The sequential optimization scenario: the self-serving focus; title: The global optimization problem: supply chain coordination; title: Linking the variance ratios to costs in the supply chain; title: Practical considerations; title: Summary; title: New directions in bullwhip research; title: The square root law for bullwhip; title: Multi-product scenarios; title: Stochastic lead-times; title: Multi-echelon supply chain scenarios; title: Concluding remarks; title: References; title: Updates.