文档介绍：European Journal of Operational Research 142 (2002) 321–344
ate/dsw
Production, Manufacturing and Logistics
The impact of forecasting model selection on the value of
information sharing in a supply chain
Xiande Zhao a,*, Jinxing Xie b,1, Janny Leung c,2
a Department of Decision Sciences and Managerial Economics, The Chinese University of Hong Kong, Shatin, ., Hong Kong
b Department of Mathematical Sciences, Tsinghua University, Beijing 100084, China
c Department of Systems Engineering and Engineering Management, Chinese University of Hong Kong, Shatin, ., Hong Kong
Received 14 December 1999; accepted 21 March 2001
Abstract
This paper presents a study on the impact of forecasting model selection on the value of information sharing in a
supply chain with one capacitated supplier and multiple retailers. Using puter simulation model, this study ex-
amines demand forecasting and inventory replenishment decisions by the retailers, and production decisions by the
supplier under different demand patterns and capacity tightness. Analyses of the simulation output indicate that the
selection of the forecasting model significantly influences the performance of the supply chain and the value of in-
formation sharing. Furthermore, demand patterns faced by retailers and capacity tightness faced by the supplier also
significantly influence the value of information sharing. The result also shows that substantial cost savings can be
realized through information sharing and thus help to motivate trading partners to share information in the supply
chain. The findings can also help supply chain managers select suitable forecasting models to improve supply chain
performance.
Ó 2002 Elsevier Science . All rights reserved.
Keywords: Supply chain management; Simulation; Forecasting; Information sharing
1. Introduction and panies looking for practical ways to
improve petitive position in the global
Supply chain management (SCM) has attracted market. SC