Facultade de Fisioterapia

Cooperative game theory and inventory management

Fiestras Janeiro, María Gloria; García Jurado, I.; Meca, A.; Mosquera Rodríguez, Manuel Alfredo
Abstract:
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.
Year:
2011
Type of Publication:
Article
Keywords:
Game theory; Cooperative games; Inventory models; Centralized inventory management
Journal:
European Journal of Operational Research
Volume:
210
Number:
3
Pages:
459-466
Month:
May
DOI:
http://dx.doi.org/10.1016/j.ejor.2010.06.025
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