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Inventory games

delete2004-07-01
delete127
PRE
AI
A
Ana Meca
T
Timmer, J
G
García-Jurado, I
B
Borm, P
DOI：10.1016/S0377-2217(02)00913-Xdelete
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Abstract

Abstract

En 中文
Inventory management studies how a single firm can minimize the average cost per time unit of its inventory. In this paper we extend this analysis to situations where a collective of firms minimizes its joint inventory cost by means of cooperation. Depending on the information revealed by the individual firms, we analyze related cooperative TU games and focus on proportional division mechanisms to share the joint cost. (C) 2003 Elsevier B.V. All rights reserved.
Keywords:
inventory management
information
cooperative games
proportional division
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AI Summary

Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.

Journal

European Journal of Operational Research cover
European Journal of Operational Research
IF:
6
Papers:
2.2W
Citations:
6.4W

Organization

No organization information available