Survey of cooperative inventory games and extensions |
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Authors: | M Dror B C Hartman |
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Institution: | 1.Eller College of Management, The University of Arizona,USA;2.California State University Maritime,California,USA;3.College of Economics and Business,USA |
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Abstract: | We examine cooperative games in supply-chain management termed Inventory Games. Supply-chain management has non-cooperative and cooperative interactions between the participating players. We provide a concise survey of cooperative inventory games in the form of extensions on two basic problems. For deterministic games, Economic Order Quantity-like policies with joint replenishment are of primary interest. For stochastic games we examine Newsvendor-like centralization games and their extensions. We conclude with a short summary of a dynamic Newsvendor realization game and directions for further research. |
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