Measure of bullwhip effect in supply chains : the case of independently & normally distributed demand process with (Q,R) inventory policy | |
| Author | Kanda Boonsothonsatit |
| Call Number | AIT Thesis no.ISE-08-05 |
| Subject(s) | Bullwhips Business logistics |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial Engineering and Management, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. ISE-08-05 |
| Abstract | In this research, we measure the bullwhip effect, the phenomenon in which information of placing order quantities tends to be amplified when moving up a supply chain, for a two-stage supply chain model with one supplier and one customer. Assuming that the demands in review periods are independent following the normal distribution and inventory policy is the reorder point - order quantity policy, we investigate the influence of mean of demand, standard deviation of demand and order quantity on the bullwhip measure. Although some interesting results have been found, it seems that the periodic review (Q,R) policy is not a good policy for supply chain due to the observation that the variance of order is too much higher than the variance of demand. |
| Year | 2008 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ISE-08-05 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Systems Engineering (ISE) |
| Chairperson(s) | Huynh Trung Luong; |
| Examination Committee(s) | Voratas Kachitvichyanukul;Bohez, Erik L. J.; |
| Scholarship Donor(s) | Thailand (HM King); |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2008 |