Abstract

Previous discrete event simulation studies have found that information exchange can be beneficial to the various stakeholders in resource sharing networks. However, the fundamental dynamic behavior that produces these benefits has yet to be theoretically characterized and quantified. In this paper, frequency response analysis is used to predict the magnitude of inventory variations that result from different options for information sharing between and within entities in a production network. An example from the steel industry is used to illustrate how control theoretical models can be constructed and used to explain how variations in demand propagate through a production network.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.