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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: | |
Price: | FREE |
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