"Random" Ordering pattern from Deterministic Demand?

Posted on Sun 16 February 2014 in Core OM and supply chain • Tagged with randomness, chaos

While Prof. Sridhar Seshadri and I were co-teaching a PhD course where we were reading John Sterman’s paper on determistic chaos (Sterman, J., 1989. Deterministic Chaos in an Experimental Economic System Journal of Economic Behavior and Organization.), we were discussing the possibility of how determistic customer demands in simple …

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