Industrial Applications of Tesfay Process and Tesfay Coordination

Autor: Yohannes Yebabe Tesfay
Rok vydání: 2021
Předmět:
Zdroj: Developing Structured Procedural and Methodological Engineering Designs ISBN: 9783030684013
Popis: This chapter is the extension of Chap. 10 on the Bullwhip effects. We have seen that Chap. 10 gives a detailed emphasis on the foundations of the Bullwhip effect and its implications on the theory of organizational coordination. In Chap. 10, we have seen that one way, or another the Bullwhip effect attacks all the businesses collaborate in the supply chain. Furthermore, the chapter suggested that transaction cost economics solutions are insufficient to produce the most efficient organizational coordination. This chapter extends the stochastic analysis by applying various panel data regression models and structural equations of seemingly unrelated regression (SUR) models on the Beer game’s experimental data. Recursive autoregressive-SUR model estimation result confirmed that both the intra- and interorganizational coordination of the business partners in the supply chain could cause Bullwhip effects. To control the impact of intra-organizational coordination on the Bullwhip effects, the author outlines a new coordination type known as the Tesfay (also called hyper-hybrid) coordination. As a final point, the author has shown some essential hyper-hybrid coordination applications in the airline industry.
Databáze: OpenAIRE