Title :
The optimization study on profit allocation among partners in supply chain alliance based on the Shapley Value
Author :
Hong, Huo ; Yanhong, Wu
Author_Institution :
Sch. of Logistics, Harbin Univ. of Commerce, Harbin
Abstract :
Profit allocation is one of the key topics to supply chain alliancepsilas stability and overall efficiency. In this paper, by considering the link-dependent relationships among some enterprises in the supply chain alliance and the additional revenue created by the relationships, a modified algorithm is provided to improve the shortcomings of the Shapley value algorithm. Finally, a numerical example is given to demonstrate that the new method not only keeps the stability of the alliance, but also reaches the whole optimum.
Keywords :
optimisation; supply chains; Shapley value; link-dependent relationships; optimization study; profit allocation; supply chain alliance; Costs; Investments; Stability; Supply chains; Shapley Value algorithm; modified method; profit allocation; supply chain alliance;
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
DOI :
10.1109/CCDC.2008.4597900
