The myopic Order-Up-To policy with a proportional feedback controller

DOI10.1080/00207540600579532zbMath1108.90007OpenAlexW2045209625MaRDI QIDQ3432704

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Publication date: 18 April 2007

Published in: International Journal of Production Research (Search for Journal in Brave)

Full work available at URL: http://orca.cf.ac.uk/42382/1/The%20myopic%20order-up-to%20policy%20with%20a%20feedback%20controller%20Pre-print.pdf

zbMATH Keywords

inventorycontrol theorybullwhip effectorder-up-to policy

Mathematics Subject Classification ID

Feedback control (93B52) Inventory, storage, reservoirs (90B05)

Related Items (9)

Bullwhip effect and inventory oscillations analysis using the beer game model ⋮ Order-up-to policies in information exchange supply chains ⋮ The bullwhip effect: progress, trends and directions ⋮ Exploring the interaction of inventory policies across the supply chain: an agent-based approach ⋮ A robust optimization approach to reduce the bullwhip effect of supply chains with vendor order placement lead time delays in an uncertain environment ⋮ On the bullwhip avoidance phase: the synchronised supply chain ⋮ A model for the analysis of procurement strategies in the economic order interval environment ⋮ Mitigating variance amplification under stochastic lead-time: the proportional control approach ⋮ The bullwhip effect in a 3-stage supply chain considering multiple retailers using a moving average method for demand forecasting

Cites Work

• The impact of information enrichment on the bullwhip effect in supply chains: a control engineering perspective.
• Measuring and avoiding the bullwhip effect: A control theoretic approach
• Dynamic Inventory Policy with Varying Stochastic Demands
• An ARIMA Supply Chain Model
• Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information
• The Value of Information Sharing in a Two-Level Supply Chain
• Optimality of Myopic Inventory Policies for Certain Dependent Demand Processes
• The cost impact of using simple forecasting techniques in a supply chain
• On the Application of Servomechanism Theory in the Study of Production Control

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