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Lecture Notes in Economics and Mathematical Systems

A Theory of Supply Chains

Authors: Daganzo, Carlos F.

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eBook $84.99
price for USA in USD (gross)
  • ISBN 978-3-642-18152-8
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  • Included format: PDF
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  • Immediate eBook download after purchase
Softcover $109.99
price for USA in USD
  • ISBN 978-3-540-00288-8
  • Free shipping for individuals worldwide
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About this book

This work was stimulated by a comment made by a former student (Prof. Alan Erera of Georgia Tech) in connection with an inventory stabil­ ity game he was going to play in one of his logistics classes. This was the well-known "beer-game" that is often played in business schools to illus­ trate the "bullwhip" effect in supply chains. Al had said to me that he did not have to tell his students how to reorder replacement parts from the other members of the supply chain because he knew from experience that the order sizes the players would generate as the game progressed would become chaotic anyhow. Since I had not played the beer game, his asser­ tion was intriguing to me. Why would such an unstructured game always lead to the same undesirable effect? Did it have something to do with psy­ chology? What is it that players did to generate instabilities? I posed these to other people but could not get completely satisfactory an­ questions swers. Thus, the bullwhip mystery remained, at least in my mind. Since inventory chains are "conservative" systems analogous to a traffic stream, and since traffic flow models exhibit similar effects (the instability of automobile platoons and of certain numerical methods being two nota­ ble examples)' I suspected that traffic flow theory might shed some light on the puzzle.

Table of contents (7 chapters)

  • Introduction

    Daganzo, Prof. Carlos F.

    Pages 1-8

  • Algorithms / Policies

    Daganzo, Prof. Carlos F.

    Pages 9-24

  • Algorithmic Properties

    Daganzo, Prof. Carlos F.

    Pages 25-33

  • Stability and Monotonicity Requirements

    Daganzo, Prof. Carlos F.

    Pages 35-54

  • Strongly Stable Policies: The Act Method

    Daganzo, Prof. Carlos F.

    Pages 55-78

Buy this book

eBook $84.99
price for USA in USD (gross)
  • ISBN 978-3-642-18152-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.99
price for USA in USD
  • ISBN 978-3-540-00288-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
A Theory of Supply Chains
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
526
Copyright
2003
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-18152-8
DOI
10.1007/978-3-642-18152-8
Softcover ISBN
978-3-540-00288-8
Series ISSN
0075-8442
Edition Number
1
Number of Pages
VIII, 125
Topics