- Authors
- Zhan Qu
- Horst Raff
- title
- Centralized versus Decentralized Inventory Control in Supply Chains and the Bullwhip Effect
- Please use the following URL when quoting:
- https://nbn-resolving.org/urn:nbn:de:bsz:14-qucosa-229867
- Series
- CEPIE Working Paper
- multivolume_volume0
- 17/17
- issn
- 2510-1196
- Abstract (EN)
- This paper constructs a model of a supply chain to examine how demand volatility is passed upstream through the chain. In particular, we seek to determine how likely it is that the chain experiences a bullwhip effect, where the variance of the upstream firm’s production exceeds the variance of the downstream firm’s sales. We show that the bullwhip effect is more likely to occur and is greater in size in supply chains in which inventory control is centralized rather than decentralized, that is, exercised by the downstream firm.
- Keywords (DE)
- Bullwhip Effect, Produktionsglättung, Lager, Lieferkette, Volatilität
- Keywords (EN)
- bullwhip effect, production smoothing, inventory, supply chain, volatility, stockout avoidance
- Classification (DDC)
- 330
- Classification (RVK)
- QC 000
- Standardizd keywords (GND)
- Volkswirtschaftslehre
- university_publisher
- Technische Universität Dresden, Dresden
- URN Qucosa
- urn:nbn:de:bsz:14-qucosa-229867
- Qucosa date of publication
- 20.10.2017
- Document type
- research_paper
- Document language
- English
- licence