Modeling Supply Chains and Business Cycles as Unstable Transport Phenomena
Modeling Supply Chains and Business Cycles as Unstable Transport Phenomena
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将供应链和商业周期建模为不稳定的运输现象
DOI:
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发表时间:
2003
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通讯作者:
D. Helbing
中科院分区:
文献类型:
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作者:
D. Helbing
Physical concepts developed to describe instabilities in traffic flows can be generalized in a way that allows one to understand the well-known instability of supply chains (the so-called “bullwhip effect”). That is, small variations in the consumption rate can cause large variations in the production rate of companies generating the requested product. Interestingly, the resulting oscillations have characteristic frequencies which are considerably lower than the variations in the consumption rate. This suggests that instabilities of supply chains may be the reason for the existence of business cycles. At the same time, we establish some link to queuing theory and between micro- and macroeconomics.