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2017 | 78 | 209-212
Article title

Forrester’s Effect. Bullwhip effect

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EN
Abstracts
EN
Bullwhip effect term is related with supply chain. Such effect explains the fluctuation in the sales (demand), manufacturing and supply. Such term is understood as distorted demand, that increases when the supply chain is relocated to upper level [1]. Such an effect generally results from the ineffective information flow in the supply chain, what leads to the accumulation of excessive stock at particular partners. Four basic cases of the bullwhip effect can be discerned [2]: Forrester’s effect, it is related with the execution time and processing the signal on the demand level; Burbidge’s effect, it is related with grouping the orders; Houlihan’s effect, it is related with rationalisation and shortage of products; promotional effect, it is related with the fluctuation of prices. Bullwhip effect is described in this papers; general focus is made on its element, namely the Forrester’s effect.
Year
Volume
78
Pages
209-212
Physical description
References
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  • [2] Christopher, Martin. Logistics & supply chain management. Pearson UK, 2016.
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  • [15] Bhattacharya, Ranjan, and Susmita Bandyopadhyay. A review of the causes of bullwhip effect in a supply chain. The International Journal of Advanced Manufacturing Technology 54.9-12 (2011) 1245-1261
  • [16] Zarandi, MH Fazel, Morteza Pourakbar, and I. B. Turksen. A Fuzzy agent-based model for reduction of bullwhip effect in supply chain systems. Expert systems with applications 34.3 (2008) 1680-1691
  • [17] Carbonneau, Real, Kevin Laframboise, and Rustam Vahidov. Application of machine learning techniques for supply chain demand forecasting. European Journal of Operational Research 184.3 (2008) 1140-1154
Document Type
article
Publication order reference
YADDA identifier
bwmeta1.element.psjd-ae7aae2e-f683-4119-9fbb-d702a1e8a9a0
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