2011Logistics Engineering and ManagementRequires access

The Research on Quantitative Models of the Bullwhip Effect Based on AR(1) Demand

XU Zhang-yi

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Abstract

In this paper,it establishes the(s,S) inventory management strategy to quantify the bullwhip effect under the circumstance that the market demand subject to the first order autocorrelation AR(1),then concludes that the bullwhip effect will be increased with the lead time extended or service levels improved.

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What this paper is about

In this paper,it establishes the(s,S) inventory management strategy to quantify the bullwhip effect under the circumstance that the market demand subject to the first order autocorrelation AR(1),then concludes that the bullwhip effect will be increased with the lead time extended or service levels improved.

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Available abstract

In this paper,it establishes the(s,S) inventory management strategy to quantify the bullwhip effect under the circumstance that the market demand subject to the first order autocorrelation AR(1),then concludes that the bullwhip effect will be increased with the lead time extended or service levels improved.

Key concepts: Bullwhip effect, Autocorrelation, Lead time, Econometrics, Order (exchange), Inventory management, Service (business), Computer science

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