• DocumentCode
    2556593
  • Title

    Deteriorating items sale and order game for single supplier and multiple retailers under trade credit

  • Author

    Tao Liu ; Bang-yi Li ; Qing-chun Wu

  • Author_Institution
    Nanjing Univ. of Aeronaut. & Astronaut., Nanjing
  • fYear
    2008
  • fDate
    2-4 July 2008
  • Firstpage
    1186
  • Lastpage
    1191
  • Abstract
    Many of exiting EOQ models consider to decide the optimal order quantity and cycle under trade credit tactic, Which seldom consider how to make supplierpsilas trade credit strategy. Moreover, those studies often emphasized on relationship and coordination between single vendor-buyer, which neglected the competition among retailers. This paper proposes Stackelberg game model to get the deteriorating items optimal trade credit tactic as well as ordering policy subject to single vendor and multiple retailers supply chain under end demand is price linear function. Simultaneously, competition within retailers is modeled as Nash game. Finally numerical examples are shown to illustrate the results in the paper.
  • Keywords
    commerce; customer relationship management; game theory; Nash game; Stackelberg game model; order game; retailing; trade credit; vendor-buyer relationship; Educational institutions; Integrated circuit modeling; Marketing and sales; Supply chains; Deteriorating Items; Nash Game; Stackelberg Game; Trade credit;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Control and Decision Conference, 2008. CCDC 2008. Chinese
  • Conference_Location
    Yantai, Shandong
  • Print_ISBN
    978-1-4244-1733-9
  • Electronic_ISBN
    978-1-4244-1734-6
  • Type

    conf

  • DOI
    10.1109/CCDC.2008.4597502
  • Filename
    4597502