Research Article

Analysis of the Impact of Different Forecasting Techniques on the Inventory Bullwhip Effect in Two Parallel Supply Chains with a Competition Effect

Table 1

Relevant parameters and explanations.

ParametersExplanations

Retailer-one (R1) potential market demand
Retailer-two (R2) potential market demand
R1 self-price sensitivity coefficient
R1 cross-price sensitivity coefficient
R2 self-price sensitivity coefficient
R2 cross-price sensitivity coefficient
The probabilities that customers will choose R1’s product
The probabilities for customers choosing R2’s product
R1 price autoregressive coefficient
R2 price autoregressive coefficient
The expectation of
The expectation of
The variance of
The variance of
The expectation of
The expectation of
The variance of
The variance of
R1 order quantity
R2 order quantity
R1 lead time
R2 lead time
The estimate of the standard deviation of the period forecast error of R1
The estimate of the standard deviation of the period forecast error of R2
R1 mean lead-time demand
R2 mean lead-time demand
R1 inventory level
R2 inventory level
Smoothing constant
kThe moving average period