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A Stabilization Policy for the Cotton Textile Cycle

Author

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  • Manuel Zymelman

    (Northeastern University, Boston, Massachusetts)

Abstract

This article describes the application of the analog computer to the solution of a stabilization problem in the cotton textile gray goods industry. The behavioristic assumptions of the model are based on data analysis of the industry and personal interviews. The simulation shows that it is possible to reduce the amplitude of the cotton textile gray goods cycle by introducing a simple policy in the production decision-making process whereby greater attention is paid to changes in inventories than to changes in unfilled orders.

Suggested Citation

  • Manuel Zymelman, 1965. "A Stabilization Policy for the Cotton Textile Cycle," Management Science, INFORMS, vol. 11(5), pages 572-580, March.
    • Handle: RePEc:inm:ormnsc:v:11:y:1965:i:5:p:572-580
    DOI: 10.1287/mnsc.11.5.572
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    Cited by:

    1. Geary, S. & Disney, S.M. & Towill, D.R., 2006. "On bullwhip in supply chains--historical review, present practice and expected future impact," International Journal of Production Economics, Elsevier, vol. 101(1), pages 2-18, May.
    2. Johnson, S.R. & Rausser, Gordon C., 1977. "PART III. Systems Analysis and Simulation in Agricultural and Resource Economics," AAEA Monographs, Agricultural and Applied Economics Association, number 337223.

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