Title
An Agent-Based Simulation to Quantify and Analyze Bullwhip Effects in Supply Chains
Abstract
The paper presents an agent-based simulation to model supply chains (SCs) and evaluate the bullwhip effect, an important index to measure the stability of SCs, under the stochastic demand and lead time. We carried out a series of numerical experiments to measure the bull whip effects in two scenarios. In the first scenario with a simple 2-tier SC, the results of simulation were obtained and compared directly to the analytical counterparts in literature. From the comparison between simulated and analytical results, it was figured out that the assumption of non-negative demand/order quantities, which are usually not considered in analytical models, could affect the results of bullwhip effect measurement. In the second scenario, the bullwhip effect in a 4-tier SC was evaluated to observe quantitatively how the variances in demands and replenishment orders are amplified while moving upwards the SC.
Year
DOI
Venue
2013
10.1109/SMC.2013.770
SMC
Keywords
Field
DocType
analytical model,bull whip effect,simple 2-tier sc,agent-based simulation,4-tier sc,analytical result,non-negative demand,analyze bullwhip effects,analytical counterpart,bullwhip effect,supply chains,bullwhip effect measurement,stochastic processes,supply chain management,multi agent systems
Computer science,Control theory,Stochastic process,Multi-agent system,Bullwhip effect,Supply chain management,Bullwhip,Lead time,Supply chain
Conference
ISSN
Citations 
PageRank 
1062-922X
3
0.39
References 
Authors
4
5
Name
Order
Citations
PageRank
Quoc Chinh Nguyen1101.22
Zhengping Li291.87
Puay-Siew Tan3111.62
Xianshun Chen452316.38
Ong Yew Soon5395.02