The rippled newsvendor: A new inventory framework for modeling supply chain risk severity in the presence of risk propagation

How should managers take into account the propagation of supply chain disruptions and risks (i.e. the ripple effect) when they design their inventory policies? For over 60 years, various extensions and applications to the popular newsvendor model have been suggested, where cost/profit are often the...

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Veröffentlicht in:	International journal of production economics 2020-10, Vol.228, p.107752-107752, Article 107752
Hauptverfasser:	Garvey, Myles D., Carnovale, Steven
Format:	Artikel
Sprache:	eng
Schlagworte:	Bayesian networks Business schools Distribution (Probability theory) Inventory control Inventory management Logistics Management science Newsvendor Ripple effect Supply chain risk propagation Supply chain risk structure
Online-Zugang:	Volltext
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