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.
Original language | English |
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Journal | Management and Production Engineering Review |
Volume | 9 |
Issue number | 1 |
Pages (from-to) | 65-70 |
Number of pages | 6 |
ISSN | 2080-8208 |
DOIs | |
Publication status | Published - 1 Mar 2018 |
Keywords
- Bullwhip effect
- Demand forecasting
- Inventory policy
- Lead time demand
- Lead time demand forecasting
- Lead time forecasting
- Order-up-to-level policy
- Stochastic lead time
- Supply chain