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Supply Chain 3 - Beer Game PDF

9 Pages·2013·English
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by ['jacksonrandyjj']| 2013| 9 pages| English

About Supply Chain 3 - Beer Game

The document summarizes the Beer Game simulation, which is used to model supply chain dynamics. In the simulation, participants represent different levels of a supply chain (retailer, distributor, etc.) and place orders without coordinating with other levels. This typically leads to oscillations in inventory and amplified order variability moving up the chain (the "bullwhip effect"). The Beer Game demonstrates how structural factors, rather than individual decisions, can cause instability in a supply chain. Information sharing is presented as a way to mitigate these effects of the bullwhip.

Detailed Information

Author:['jacksonrandyjj']
Publication Year:2013
Pages:9
Language:English
Format:PDF
Price:FREE
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