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.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2005
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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.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2007
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