Application of multi-steps forecasting for restraining the bullwhip effect and improving inventory performance under autoregressive demand

Article Abstract:

Bluewhip effect refers to high degree of variances in inventory replacement orders as the business starts growing. It supposedly reflects the inefficiency of management. However, the phenomenon often results because of uncertain external demand. Using autoregression model, this demand can be quantified in multiple steps and the bluewhip effect can be controlled.

United States, Latvia, Analysis, Usage, Production planning, Economic lot size, Autoregression (Statistics)

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Multi-objective programming approach to 1.5- dimensional assortment problem

Article Abstract:

A multi-objective mixed integer linear programming model called scalarization is proposed to solve cutting stock problems is presented.

Turkey, Models, Integer programming

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