Minimization of bullwhip effect in face of different inventory policy
There are four major causes of bullwhip effect – demand forecast updating, order batching, price fluctuation, and rationing and Shortage Gaming (Lee, 1997), which can be measured using the concept of Bullwhip Effect Index (BE) (Dejonckheere, 2003; Sterman, 1989). This report will focus on the first...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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2013
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| Online Access: | http://hdl.handle.net/10356/54042 |