Smoothing inventory decision rules in seasonal supply chains

作者：

Highlights：

• We study the value of smoothing replenishment rules in seasonal supply chains.

• Simulation modeling is adopted to compare the traditional and smoothing OUT.

• The impact of Holt-Winters parameters are studied under both replenishment rules.

• Smoothing improves the ordering and inventory stability in seasonal supply chains.

• Increasing the smoothing level reduces the bullwhip effect and inventory variance.

摘要

•We study the value of smoothing replenishment rules in seasonal supply chains.•Simulation modeling is adopted to compare the traditional and smoothing OUT.•The impact of Holt-Winters parameters are studied under both replenishment rules.•Smoothing improves the ordering and inventory stability in seasonal supply chains.•Increasing the smoothing level reduces the bullwhip effect and inventory variance.

论文关键词：Supply chain,Seasonal demand,Order-up-to,Smoothing,Holt-Winters,Bullwhip effect

论文评审过程：Received 14 December 2014, Revised 29 August 2015, Accepted 30 August 2015, Available online 8 September 2015, Version of Record 10 November 2015.

论文官网地址：https://doi.org/10.1016/j.eswa.2015.08.052