Research Article

Control Theory Concepts Applied to Retail Supply Chain: A System Dynamics Modeling Environment Study

Table 3

Base Case and alternate scenarios without and with increase in Safety stocks.

Supplier-retailer model resultsBase case scenario resultsFinished Goods increased scenario results

ParametersSafety stocksSmoothing factor alpha/S1Unfilled orders Safety stocksSmoothing factor alpha/S1Unfilled orders

Base case-supplier1.000.250n.a.n.a.n.a.
Base case-retailer1.000.250n.a.n.a.n.a.
Random normal-supplier1.000.259981.500.250
Random normal-retailer1.000.2517611.500.250
Random uniform-supplier1.000.2514551.500.250
Random uniform-retailer 1.000.2534131.500.250
Random upward-supplier1.000.2537001.500.250
Random upward-retailer1.000.2555651.500.250
Random downward-supplier1.000.25381.500.250
Random downward-retailer1.000.2519401.500.250
Spiked-supplier1.000.252471.500.250
Spiked-retailer1.000.253141.500.250
Dipped-supplier1.000.254481.500.250
Dipped-retailer1.000.254731.500.250