Coping with the Bullwhip Effect Using Inventory or Cash: An Environment-Behavior-Performance Paradigm

作     者：Baile Lu Qihui Gong Baofeng Huo Weihua Zhou Baile Lu;Qihui Gong;Baofeng Huo;Weihua Zhou

作者机构：School of ManagementZhejiang UniversityHangzhou 310058China 

出 版 物：《Journal of Systems Science and Systems Engineering》 (系统科学与系统工程学报（英文版）)

年 卷 期：2021年第30卷第2期

页      面：215-235页

核心收录：

学科分类：0810[工学-信息与通信工程] 1205[管理学-图书情报与档案管理] 08[工学] 0802[工学-机械工程] 0835[工学-软件工程] 0811[工学-控制科学与工程] 0812[工学-计算机科学与技术（可授工学、理学学位）] 081202[工学-计算机软件与理论] 

基　　金：the National Key R&D Program of China,under grant No.2019YFB1404901 the National Natural Science Foundation of China(NSFC),under Grants No.71821002,No.72091214 and No.71602171 

主　　题：Bullwhip effect inventory holding cash holding operating risk 

摘      要：The bullwhip effect is w idely found in business and exerts adverse effects on business *** investigate the influence of the bullwhip effect on firm s performance and their responses,this study proposed an environment-behavior-performance analysis fram ework and offered a new perspective for studying the bullwhip *** data collected from 1,734 listed manufacturers in China from 2002 to 2017,we adopted regression models to test the proposed m odel and conducted a series of robustness *** find that the bullwhip effect is positively related to operating risk,inventory,and cash holdings,and the moderate levels of inventory and cash are negatively associated with operating ***,inventory and cash play different roles and work together to alleviate operating risk induced by the bullwhip ***,excess resource holdings are positively associated with operating ***,firm swith different levels of resources should hold suitable levels of inventory,cash,or both as contingent responses to the bullwhip effect.