Reverse logistics: A study of bullwhip in continuous time

Zhou, L., Disney, Stephen Michael ORCID: https://orcid.org/0000-0003-2505-9271, Lalwani, C. S. and Wu, H. l. 2004. Reverse logistics: A study of bullwhip in continuous time. Presented at: 5th World Congress on Intelligent Control and Automation, Hangzhou, China, 15-19 June 2004. Published in: Da Xue, Zhejiang ed. WCICA 2004 - Proceedings of the 5th World Congress on Intelligent Control and Automation. , vol.4 Piscataway, NJ: IEEE, pp. 3539-3542. 10.1109/WCICA.2004.1343205

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Abstract

A simple dynamic model of a hybrid manufacturing/remanufacturing system is developed. In particular the model is used to study an infinite horizon, continuous time, APIOBPCS (automatic pipeline inventory and order based production control system) model. We specifically highlight the effect of remanufacturing lead-time and the return rate on the bullwhip produced by the ordering policy. Our results clearly show that a larger return rate leads to less bullwhip, thus returns can be used to absorb demand fluctuations to some extent. Longer remanufacturing lead-times have less impact at reducing bullwhip than shorter lead-times. We conclude, within our specified system, that bullwhip is always less with returns than without returns.

Item Type:	Conference or Workshop Item (Paper)
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics) Centre for Advanced Manufacturing Systems At Cardiff (CAMSAC)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce
Publisher:	IEEE
ISBN:	9780780382732
Date of First Compliant Deposit:	2 June 2016
Last Modified:	25 Oct 2022 08:26
URI:	https://orca.cardiff.ac.uk/id/eprint/53011

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