L23_BullWhip - Lecture 23 Part I Bullwhip Effect Slide 1 Le...

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Slide 1 Lecture 23 – Part I Bullwhip Effect
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Slide 2 Le a rning  O b je c tive s Understand the bullwhip effect Understand incentive conflicts in supply chain
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Slide 3 Beer Game Debrief
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Slide 4 What are the Major Observations Why was it so hard to get recover from a backorder/excess inventory? How did you make ordering decisions? Based on your incoming orders? Based on your current inventory? Based on current inventory of other players? Something else? What do you think you should have done? Do Events Cause Events?
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Slide 5 Team 1
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Slide 6
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Slide 7
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Slide 8
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Slide 9
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Slide 10
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Slide 11
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Slide 12
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Slide 13
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Slide 14
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Slide 15 So the winners are…
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Slide 16 Summary of Observations Oscillation Orders and Inventories are dominated by large amplitude fluctuations  with an average period of about 20 weeks Amplification The amplitude and variance of orders increases steadily from customer  to retailer to factory.  The peak order rate at the factory is on an 
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This note was uploaded on 10/16/2011 for the course OM 335 taught by Professor Jonnalagedda during the Fall '08 term at University of Texas at Austin.

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L23_BullWhip - Lecture 23 Part I Bullwhip Effect Slide 1 Le...

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