Quantitative Analysis for Measuring and Suppressing Bullwhip Effect
Yugoslav journal of operations research, Tome 28 (2018) no. 3.
Voir la notice de l'article dans eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts
The increasing competition in the market generally leads to fluctuations in
the products demand. Such fluctuations pose a serious concern for the decision maker
at each stage of the supply chain. Moreover, the capacity constraint at any level of the
supply chain would make the situation more critical by elevating the bullwhip effect.
The present article introduces a new allocation mechanism, i.e. Iterative Proportional
Allocation (IPA), which instead of elevating, discourages the bullwhip effect. A comparative analysis of the proposed allocation mechanism with the policies defined in Jaggi
et. al(2010) has been provided to explain the bottlenecks of existing policies. It has
been established numerically, that application of IPA is beneficial for both retailers as
well as suppliers, as the combined profit (loss) of all the retailers increases (decreases)
and subsequently, minimizes the bullwhip effect of the supplier. We have incorporated
the concept of Product Fill Rate (PFR) through which it is shown that IPA gives better
results as compared to other allocation mechanisms.
Mots-clés :
Supply Chain, Bullwhip Effect, Allocation Mechanism, Product Fill Rate (PFR)
@article{YJOR_2018_28_3_a7, author = {Chandra K.Jaggi and Mona Verma and Reena Jain}, title = {Quantitative {Analysis} for {Measuring} and {Suppressing} {Bullwhip} {Effect}}, journal = {Yugoslav journal of operations research}, pages = {415 - 433}, publisher = {mathdoc}, volume = {28}, number = {3}, year = {2018}, url = {https://geodesic-test.mathdoc.fr/item/YJOR_2018_28_3_a7/} }
TY - JOUR AU - Chandra K.Jaggi AU - Mona Verma AU - Reena Jain TI - Quantitative Analysis for Measuring and Suppressing Bullwhip Effect JO - Yugoslav journal of operations research PY - 2018 SP - 415 EP - 433 VL - 28 IS - 3 PB - mathdoc UR - https://geodesic-test.mathdoc.fr/item/YJOR_2018_28_3_a7/ ID - YJOR_2018_28_3_a7 ER -
%0 Journal Article %A Chandra K.Jaggi %A Mona Verma %A Reena Jain %T Quantitative Analysis for Measuring and Suppressing Bullwhip Effect %J Yugoslav journal of operations research %D 2018 %P 415 - 433 %V 28 %N 3 %I mathdoc %U https://geodesic-test.mathdoc.fr/item/YJOR_2018_28_3_a7/ %F YJOR_2018_28_3_a7
Chandra K.Jaggi; Mona Verma; Reena Jain. Quantitative Analysis for Measuring and Suppressing Bullwhip Effect. Yugoslav journal of operations research, Tome 28 (2018) no. 3. https://geodesic-test.mathdoc.fr/item/YJOR_2018_28_3_a7/