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Results of a Beer Game Experiment: Should a Manager Always Behave According to the Book?

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dc.contributor.authorEdali, Mert
dc.contributor.authorYasarcan, Hakan
dc.date.accessioned2026-06-27T13:55:14Z
dc.date.issued2016
dc.description.abstractWe investigate the effect of the literature suggested optimal values of the parameters of a dynamic decision-making heuristic in the presence of semirationally managed supply chain echelons using a soft coded one-to-one version of The Beer Game as an experimental platform. According to the counterintuitive results obtained in this study, it is possible for a rational manager to obtain higher costs than the costs generated by a semirational manager. Thus, the results do not support the use of the well-established decision parameter values for the echelon of concern if the other echelons' inventories are managed suboptimally. (C) 2015 Wiley Periodicals, Inc.en
dc.description.sponsorshipEuropean Community [PIRG07-GA-2010-268272]
dc.description.sponsorshipBogazici University [6924-13A03P1]
dc.description.urihttps://doi.org/10.1002/cplx.21731
dc.identifier.doi10.1002/cplx.21731
dc.identifier.eissn1099-0526
dc.identifier.endpage199
dc.identifier.issn1076-2787
dc.identifier.issueS1
dc.identifier.startpage190
dc.identifier.urihttps://hdl.handle.net/20.500.14981/55720
dc.identifier.volume21
dc.identifier.wos000388332600011
dc.language.isoeng
dc.publisherWILEY-HINDAWI
dc.relation.ispartofCOMPLEXITY
dc.subjectanchor-and-adjust heuristic
dc.subjectartificial agents
dc.subjectbeer game
dc.subjectstock management
dc.subjectsupply chain management
dc.subjectDECISION-MAKING
dc.subjectDETERMINISTIC CHAOS
dc.subjectSUPPLY CHAINS
dc.subjectSTATE
dc.subjectMathematics
dc.subjectScience & Technology - Other Topics
dc.titleResults of a Beer Game Experiment: Should a Manager Always Behave According to the Book?
dc.typeArticle
dspace.entity.typePublication
local.import.sourceWOS

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