Dampening bullwhip effect of order-up-to inventory strategies via an optimal control method

Dampening bullwhip effect of order-up-to inventory strategies via an optimal control method

In this paper, we consider the bullwhip effect problem of an Order-Up-To (OUT) inventory strategy for a supply chain system. We firstly establish a new discrete-time dynamical model which is suitable to describe the OUT inventory strategy. Then, we analyze the bullwhip effect for the dynamical model...

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Bibliographic Details
Main Authors: Xu, Honglei, Sui, P., Zhou, Guanglu, Caccetta, Louis
Format: Journal Article
Published: American Institute of Mathematical Sciences 2013
Subjects:
Bullwhip effect
optimal control
order-up-to inventory strategy
Online Access:http://hdl.handle.net/20.500.11937/32698

Internet

http://hdl.handle.net/20.500.11937/32698

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