The impact of stochastic lead times on the bullwhip effect – an empirical insight
Peter Nielsen , Zbigniew Michna
Abstract
In this article, we review the research state of the bullwhip effect in supply chains with stochastic lead times. We analyze problems arising in a supply chain when lead times are not deterministic. Using real data from a supply chain, we confirm that lead times are stochastic and can be modeled by a sequence of independent identically distributed random variables. This underlines the need to further study supply chains with stochastic lead times and model the behavior of such chains.Author | |||||
Journal series | Management and Production Engineering Review, ISSN 2080-8208, e-ISSN 2082-1344, (B 12 pkt) | ||||
Issue year | 2018 | ||||
Vol | 9 | ||||
No | 1 | ||||
Pages | 65-70 | ||||
Publication size in sheets | 0.5 | ||||
Keywords in English | supply chain, bullwhip effect, inventory policy, lead time demand, order-up-to-level policy, stochastic lead time, demand forecasting, lead time fo recasting, lead time demand forecasting | ||||
DOI | DOI:10.24425/119401 | ||||
Language | en angielski | ||||
File |
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Score (nominal) | 12 | ||||
Score source | journalList | ||||
Publication indicators | = 2 | ||||
Citation count* |
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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