Title
Order-up-to-level policy update procedure for a supply chain subject to market demand uncertainty.
Abstract
•We propose a new dynamic order policy for a supply chain with uncertainty in demand.•Inventory consumption occurs at random time intervals and demand a random quantity of items.•The new order policy avoids propagation of uncertainty through SC levels.•This policy mitigates the bullwhip effect, minimizes stockout, and increases the customer service level.
Year
DOI
Venue
2017
10.1016/j.cie.2017.09.015
Computers & Industrial Engineering
Keywords
Field
DocType
Supply chain,Order-up-to-level policy,Bullwhip effect,Inventory control,Discrete event simulation
Economics,Service level,Reorder point,Inventory control,Bullwhip effect,Supply chain,Supply and demand,Operations management,Discrete event simulation
Journal
Volume
ISSN
Citations 
113
0360-8352
2
PageRank 
References 
Authors
0.36
16
4