The Value of Information. Class 10: 3/30/10. Introduction. Value of using any type of information technology Potential availability of more and more information throughout the supply chain Implications this availability on effective design and management of the integrated supply chain .
The Value of Information
Class 10: 3/30/10
The supply chain
The increase in variability in the supply chain
Average demand during lead time and review period +
a multiple of the standard deviation of demand during lead time and review period (safety stock)