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Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information

โœ Scribed by Chen, Frank; Drezner, Zvi; Ryan, Jennifer K.; Simchi-Levi, David


Book ID
115487962
Publisher
INFORMS
Year
2000
Tongue
English
Weight
72 KB
Volume
46
Category
Article
ISSN
0025-1909

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โœ Heung-Kyu Kim; Jennifer K. Ryan ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 237 KB

## Abstract In this paper we consider an inventory model in which the retailer does not know the exact distribution of demand and thus must use some observed demand data to forecast demand. We present an extension of the basic newsvendor model that allows us to quantify the value of the observed de