Dynamic modeling and simulation on ordering strategy of five-stage supply chain

【Author】

Yingzi Li;Xiaodong Zhang;

【Abstract】

In order to describe complexity and dynamics of supply chain network, the simulation model of a five-stage complex supply chain networks was built firstly in this paperSecond, based on the model, comparative simulation towards the inventory level and the bullwhip effect under economic order quantity(EOQ) strategy and the minimum and maximum(s, S) strategy were carried outSimulation result shows that, enterprises in different stages with different ordering strategies will have significant effect on supply chain performanceSupply chain enterprises in various stages should adopt reasonable ordering strategy in lights of their own characteristics.

【Keywords】

multi-stage supply chain;;dynamic simulation;;ordering strategy

References

To explore the background and basis of the node document

Springer Journals Database

Total: 7 articles

  • [1] ZHANG He,ZHAO Gang (College of Communications and Transportation,Shanghai Maritime University,Shanghai 200135,China), Simulation of Storage Sytems for Single Point and Multi-product, Industrial Engineering Journal,
  • [2] Fang Zhimei Ye Feifan Li Yuansheng Ningbo University,Ningbo,Zhejiang,315211, A Petri-net Modeling and Analysis of Flexible Supply Chain, China Mechanical Engineering(中国机械工程),
  • [3] Gui Shouping, Wu Dongling(School of Economics and Commerce, South China University of Technology, Guangzhou, Guangdong 510006), Anylogic-Based Five-Echelon Supply Chain Simulation, Reformation & Strategy,
  • [4] Dobrila Petrovic, Simulation of supply chain behaviour and performance in an uncertain environment, International Journal of Production Economics,

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