2015
DOI: 10.1016/j.eswa.2014.10.022
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Applying Goldratt’s Theory of Constraints to reduce the Bullwhip Effect through agent-based modeling

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Cited by 59 publications
(32 citation statements)
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“…The other three are financial: liquid profit, return on investment (ROI), and cash flow. All these metrics are combined through relationships [14]. According to Ifandoudas and Chapman [15], the benefits achievable with the adoption of TOC are reported as a reduction in delivery time, cycle time, reduced inventory, and improved productivity and quality of production.…”
Section: Theory Of Constraints (Toc)mentioning
confidence: 99%
“…The other three are financial: liquid profit, return on investment (ROI), and cash flow. All these metrics are combined through relationships [14]. According to Ifandoudas and Chapman [15], the benefits achievable with the adoption of TOC are reported as a reduction in delivery time, cycle time, reduced inventory, and improved productivity and quality of production.…”
Section: Theory Of Constraints (Toc)mentioning
confidence: 99%
“…Costas, Ponte, de la Fuente, Pino and Puche (2015). For example, we will assume that the supply chain net -1026-Journal of Industrial Engineering and Management -http://dx.doi.org/10.…”
Section: Assumptionsmentioning
confidence: 99%
“…It's powered in the other hand, by the simulation making possible to manage the stochastic behavior of the Supply Chain before their implementation, and provide a tool to help decision making, by taking into account the dynamics of the system and of the behavior of the different autonomous actors. [11][12].…”
Section: The Modeling and The Simulation Of The Connectivitymentioning
confidence: 99%