The comparison of bullwhip effect between AR(1) and ARMA(1,1) demand in supply chain
Authors
Wei Ya Di
Corresponding Author
Wei Ya Di
Available Online May 2015.
- DOI
- 10.2991/asei-15.2015.218How to use a DOI?
- Keywords
- supply chain,demand model, bullwhip effect
- Abstract
This paper constructs a supply chain consisting of two retailers and one supplier. Meantime retailers face two kinds of demand models there are AR (1) demand and ARMA (1, 1) demand. In order to choose the better demand model, we emphatically analysis the impact of the market competition parameters between two retailers and compare the bullwhip effect of two demand model. The result obtained that the value of coefficient in ARMA(1,1) demand is the main factor of choosing demand model in market competition.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Wei Ya Di PY - 2015/05 DA - 2015/05 TI - The comparison of bullwhip effect between AR(1) and ARMA(1,1) demand in supply chain BT - Proceedings of the 2015 International conference on Applied Science and Engineering Innovation PB - Atlantis Press SP - 1103 EP - 1106 SN - 2352-5401 UR - https://doi.org/10.2991/asei-15.2015.218 DO - 10.2991/asei-15.2015.218 ID - Di2015/05 ER -