New Trends of Control Methods for Bullwhip Effect in Supply Chain
Ren Ru-guang
Abstract
Ren Ru-guang
Abstract
Bullwhip is the phenomenon of demand amplification along the supply chain,it results from the distorted demand information.The new trends of control methods for bullwhip effect are summarized in this paper.Especially,the use of H-inf control method restrains the bullwhip effect for a better result.The effects of information sharing and information delayed for bullwhip effect in supply chain are also considered.
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Bullwhip is the phenomenon of demand amplification along the supply chain,it results from the distorted demand information.The new trends of control methods for bullwhip effect are summarized in this paper.Especially,the use of H-inf control method restrains the bullwhip effect for a better result.The effects of information sharing and information delayed for bullwhip effect in supply chain are also considered.
Key concepts: Bullwhip effect, Supply chain, Information sharing, Control (management), Economics, Supply chain management, Business, Computer science