Cooperative game theory and inventory management
UNIVERSAL IDENTIFIER: http://hdl.handle.net/11093/1178
EDITED VERSION: http://dx.doi.org/10.1016/j.ejor.2010.06.025
UNESCO SUBJECT: 1207.06 Teoría de Juegos ; 1207.08 Inventarios
DOCUMENT TYPE: article
Supply chain management is related to the coordination of materials, products and information flows among suppliers, manufacturers, distributors, retailers and customers involved in producing and delivering a final product or service. In this setting the centralization of inventory management and coordination of actions, to further reduce costs and improve customer service level, is a relevant issue. In this paper, we provide a review of the applications of cooperative game theory in the management of centralized inventory systems. Besides, we introduce and study a new model of centralized inventory: a multi-client distribution network.
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