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Supply Chain Management: A Teaching Experiment

In: Experimental Business Research

Author

Listed:
  • Rachel Croson

    (University of Pennsylvania)

  • Karen Donohue

    (University of Minnesota)

  • Elena Katok

    (Penn State University)

  • John Sterman

    (Massachusetts Institute of Technology)

Abstract

How firms choose and manage their inventory is a question of interest for academics and practitioners in many fields, including Operations Management, Marketing, and Information Technology. Much recent attention has focused on the possibilities of information-sharing systems to aid in this setting, including sharing inventory information among firms (SAP) and sharing point-of-sale data (EDI). This classroom exercise illustrates the existence and implications of bounded rationality on the part of inventory managers, and shows how systems like these can help in inventory decision-making.

Suggested Citation

  • Rachel Croson & Karen Donohue & Elena Katok & John Sterman, 2005. "Supply Chain Management: A Teaching Experiment," Springer Books, in: Rami Zwick & Amnon Rapoport (ed.), Experimental Business Research, chapter 0, pages 285-296, Springer.
  • Handle: RePEc:spr:sprchp:978-0-387-24244-6_13
    DOI: 10.1007/0-387-24244-9_13
    as

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    Cited by:

    1. Bulim Choi & Kang-Dae Lee, 2019. "Packaging as an Offline Method to Share Information: Evidence from the Food and Beverage Industry in the Republic of Korea," Sustainability, MDPI, vol. 11(22), pages 1-13, November.

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