Actions

Yugoslav Journal of Operations Research
how to cite this article
share this article

Metrics

  • citations in SCIndeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:0
  • full-text downloads in 30 days:0

Contents

article: 9 from 70  
Back back to result list
2018, vol. 28, iss. 3, pp. 415-433
Quantitative analysis for measuring and suppressing bullwhip effect
aUniversity of Delhi, New Academic Block, Faculty of Mathematical Sciences, Department of Operational Research, Delhi, India
bUniversity of Delhi, Shaheed Sukhdev College of Business Studies, Department of Management Studies, Rohini, Delhi, India

emailckjaggi@yahoo.com, monavermag@sscbsdu.ac.in, reenajain1910@yahoo.com
Keywords: supply chain; bullwhip effect; allocation mechanism; Product Fill Rate (PFR)
Abstract
The increasing competition in the market generally leads to fluctuations in the products demand. Such fluctuations pose a serious concern for the decision maker at each stage of the supply chain. Moreover, the capacity constraint at any level of the supply chain would make the situation more critical by elevating the bullwhip effect. The present article introduces a new allocation mechanism, i.e. Iterative Proportional Allocation (IPA), which instead of elevating, discourages the bullwhip effect. A comparative analysis of the proposed allocation mechanism with the policies defined in Jaggi et. al(2010) has been provided to explain the bottlenecks of existing policies. It has been established numerically, that application of IPA is beneficial for both retailers as well as suppliers, as the combined profit (loss) of all the retailers increases (decreases) and subsequently, minimizes the bullwhip effect of the supplier. We have incorporated the concept of Product Fill Rate (PFR) through which it is shown that IPA gives better results as compared to other allocation mechanisms.

About

article language: English
document type: unclassified
DOI: 10.2298/YJOR161211019J
published in SCIndeks: 27/09/2018

Related records

No related records