2009 IEEE International Conference on Industrial Engineering and Engineering Management 2009
DOI: 10.1109/ieem.2009.5373276
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State-space proportional-integral inventory replenishment practices for bullwhip effect investigation in supply chains

Abstract: Inventory replenishment practices play significant role in supply chain networks and they are strongly associated with overall supply chain performance. This paper presents a state-space model of a stochastic series multi-node supply chain, controlled via local proportionalintegral inventory replenishment policies. The model is triggered by identically distributed and uncorrelated random variables which represent uncertain customer demand. The proposed model is analyzed under stationarity, provided that contro… Show more

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