Bullwhip dependency of participants' risk preferences in the supply chain
This paper examines the causes of risk preferences, as one of the personality traits, of the participants in the supply chain on inventory and backorder costs. Based on test results the participants are divided into two groups: risk - seeking and risk - averse. Two teams are formed who simulated a b...
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Format: | Article |
Language: | English |
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Savez inženjera i tehničara Srbije
2017-01-01
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Series: | Tehnika |
Subjects: | |
Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0040-2176/2017/0040-21761703417P.pdf |
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author | Panić Biljana V. Makajić-Nikolić Dragana D. Hadžiahmetović Maja D. Vujošević Mirko B. |
author_facet | Panić Biljana V. Makajić-Nikolić Dragana D. Hadžiahmetović Maja D. Vujošević Mirko B. |
author_sort | Panić Biljana V. |
collection | DOAJ |
description | This paper examines the causes of risk preferences, as one of the personality traits, of the participants in the supply chain on inventory and backorder costs. Based on test results the participants are divided into two groups: risk - seeking and risk - averse. Two teams are formed who simulated a beer game. It is shown that there are differences in costs between these teams. |
first_indexed | 2024-04-12T01:09:53Z |
format | Article |
id | doaj.art-603c336c7a884fd3913de0915065d656 |
institution | Directory Open Access Journal |
issn | 0040-2176 2560-3086 |
language | English |
last_indexed | 2024-04-12T01:09:53Z |
publishDate | 2017-01-01 |
publisher | Savez inženjera i tehničara Srbije |
record_format | Article |
series | Tehnika |
spelling | doaj.art-603c336c7a884fd3913de0915065d6562022-12-22T03:54:09ZengSavez inženjera i tehničara SrbijeTehnika0040-21762560-30862017-01-0172341742110.5937/tehnika1703417P0040-21761703417PBullwhip dependency of participants' risk preferences in the supply chainPanić Biljana V.0Makajić-Nikolić Dragana D.1Hadžiahmetović Maja D.2Vujošević Mirko B.3University of Belgrade, Faculty of Organizational Sciences, Belgrade, SerbiaUniversity of Belgrade, Faculty of Organizational Sciences, Belgrade, SerbiaUniversity of Belgrade, Faculty of Organizational Sciences, Belgrade, SerbiaUniversity of Belgrade, Faculty of Organizational Sciences, Belgrade, SerbiaThis paper examines the causes of risk preferences, as one of the personality traits, of the participants in the supply chain on inventory and backorder costs. Based on test results the participants are divided into two groups: risk - seeking and risk - averse. Two teams are formed who simulated a beer game. It is shown that there are differences in costs between these teams.http://scindeks-clanci.ceon.rs/data/pdf/0040-2176/2017/0040-21761703417P.pdfrisk preferencesbullwhip effectsupply chains |
spellingShingle | Panić Biljana V. Makajić-Nikolić Dragana D. Hadžiahmetović Maja D. Vujošević Mirko B. Bullwhip dependency of participants' risk preferences in the supply chain Tehnika risk preferences bullwhip effect supply chains |
title | Bullwhip dependency of participants' risk preferences in the supply chain |
title_full | Bullwhip dependency of participants' risk preferences in the supply chain |
title_fullStr | Bullwhip dependency of participants' risk preferences in the supply chain |
title_full_unstemmed | Bullwhip dependency of participants' risk preferences in the supply chain |
title_short | Bullwhip dependency of participants' risk preferences in the supply chain |
title_sort | bullwhip dependency of participants risk preferences in the supply chain |
topic | risk preferences bullwhip effect supply chains |
url | http://scindeks-clanci.ceon.rs/data/pdf/0040-2176/2017/0040-21761703417P.pdf |
work_keys_str_mv | AT panicbiljanav bullwhipdependencyofparticipantsriskpreferencesinthesupplychain AT makajicnikolicdraganad bullwhipdependencyofparticipantsriskpreferencesinthesupplychain AT hadziahmetovicmajad bullwhipdependencyofparticipantsriskpreferencesinthesupplychain AT vujosevicmirkob bullwhipdependencyofparticipantsriskpreferencesinthesupplychain |