@inproceedings{479de4309a17424d84b2e041b587630d,
title = "The actual nature of lead times in supply chains following a strict reorder point based approach",
abstract = "The aim of this research is to demonstrate that supply chains by their very nature will experience stochastic rather than deterministic lead times. The presented study focuses on simulating delivery lead times in supply chains, where each echelon is servicing the next downstream member from inventory. The aim is to highlight the need for increased research focus on supply chains with stochastic lead times. Through a simple numerical example we conclusively show that lead times in any real supply chain following a re-order point method must be stochastic even in the case where lead times between individual echelons are in fact deterministic.",
keywords = "Bull whip effect, Lead times, Stochastic lead times, Supply chain",
author = "Peter Nielsen and Zbigniew Michna and Izabela Nielsen",
year = "2018",
month = jan,
day = "1",
doi = "10.1007/978-3-319-67223-6_16",
language = "English",
isbn = "978-3-319-67222-9",
series = "Advances in Intelligent Systems and Computing",
publisher = "Springer",
pages = "164--172",
booktitle = "Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017",
address = "Germany",
note = "38th International Conference on Information Systems Architecture and Technology, ISAT 2017 ; Conference date: 17-09-2017 Through 19-09-2017",
}