On net stock amplification in the Damped Trend Order-Up-To system

Li, Qinyun ORCID: https://orcid.org/0000-0001-5978-1903 and Disney, Stephen ORCID: https://orcid.org/0000-0003-2505-9271 2015. On net stock amplification in the Damped Trend Order-Up-To system. Presented at: 6th International Conference on Industrial Engineering and Systems Management, Seville, Spain, 21-23 October 2015. 2015 International Conference on Industrial Engineering and Systems Management (IESM). IEEE, Item availability restricted.

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Abstract

In this paper we characterize the frequency response of net stock amplification when the Damped Trend forecasting is used in the Order-Up-To replenishment policy. We prove that the invertibility regions from forecasting perspective are identical to the stability regions in control theory. From these stable and invertible regions, we explore the desirable parameter regions that the forecasting and inventory control policy is able to avoid the bullwhip effect and reduce net stock amplification for any lead-times. The simulations of 62 sets of real-world demand verify our analytical results.

Item Type:	Conference or Workshop Item - published (Paper)
Date Type:	Publication
Status:	Published
Schools:	Research Institutes & Centres > Centre for Advanced Manufacturing Systems At Cardiff (CAMSAC) Schools > Business (Including Economics)
Publisher:	IEEE
ISBN:	978-2-9600-5326-5
Date of Acceptance:	31 July 2015
Last Modified:	12 Oct 2026 14:19
URI:	https://orca.cardiff.ac.uk/id/eprint/75559

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