Technical Note: Further insights into ‘the stability of supply chains’

Roger D.H. Warburton · Stephen Michael Disney · DENIS R. TOWILL · J. P. E. Hodgson

52 citations0/0 files storedInternational Journal of Production Research

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Supply Chain and Inventory Management Sustainable Supply Chain Management Supply Chain Resilience and Risk Management

Abstract

Riddalls and Bennett () presented a stability criterion for a supply chain model in continuous time. It is shown here their solution is in error and the correct stability criterion is provided. The results were substantiated by deriving the correct criterion by several independent theoretical analyses and validating the solution via numerical simulation. The weight of evidence suggests that the new derivations lead to correct predictions of the stability boundary for this important and widely used supply chain model.

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References

1989Modeling Managerial Behavior: Misperceptions of Feedback in a Dynamic Decision Making Experiment 1994Dynamic analysis of a WIP compensated decision support system 2002A discrete transfer function model to determine the dynamic stability of a vendor managed inventory supply chain 2002The stability of supply chains

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