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

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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

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