Management Innovations for Intelligent Supply Chains by Wang John

Author:Wang, John...
Language: eng
Format: epub
Published: 2014-04-24T12:23:22.691000+00:00

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Each order has to be completed as quickly as possible. Orders remain until they are completed. For the impact of this assumption on the bullwhip effect, see Chen et al. (2000), where it is demonstrated that this assumption does not influence the bullwhip effect.

The objective is to minimise costs, consisting of costs for stock, costs for shortfall and costs for over delivery (costs for over delivery is often added to costs of stock) (Zäpfel & Wasner, 1999). In this paper, costs for over delivery are separated from costs of stock.

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