The impact of partial information sharing in a two-echelon supply chain
We consider a simple two-echelon supply chain composed of a manufacturer and a retailer in which the demand process of the retailer is an AR(1) where the random component is a function of both sides’ information. We focus on partial information sharing under which each side informs the other of an i...
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Veröffentlicht in: | Operations research letters 2014-05, Vol.42 (3), p.234-237 |
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container_title | Operations research letters |
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creator | Shnaiderman, Matan Ouardighi, Fouad El |
description | We consider a simple two-echelon supply chain composed of a manufacturer and a retailer in which the demand process of the retailer is an AR(1) where the random component is a function of both sides’ information. We focus on partial information sharing under which each side informs the other of an interval in which the exact value of its own component of demand lies. These various levels of information sharing can reduce the supply chain costs. |
doi_str_mv | 10.1016/j.orl.2014.03.006 |
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subjects | Autoregressive process Costs Demand Information sharing Intervals Operations research Stochastic demand Supply chain management Supply chains |
title | The impact of partial information sharing in a two-echelon supply chain |
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