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The Bullwhip effect simulated in Matlab Environment

by stelios ploumpis

 

14 Jun 2013

A simulated script that allow anyone to understand the bullwhip effect through a basic supply chain.

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Description

The beer game simulates a four stage supply chain (retailer, wholesaler, distributer and factory). Each stage is played by one or better two or three players.
A supply chain is typically played by 8 to 12 people; more than one supply chain can be administered in one class at the same time.

The task of each supply chain is to produce and deliver units of beer: the factory produces and the other three stages deliver the beer units until it reaches the external customer at the downstream end of the supply chain.
The aim of the players is rather simple: each sub group has to fulfil the incoming orders of beer.

Required Products MATLAB
MATLAB release MATLAB 7.14 (R2012a)
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bullwhip effect, finance, management, modelling, simulation, supply chain
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