DocumentCode
3508032
Title
Research on inventory game of supply chain based on credit coordination mechanism
Author
Bai, Shizhen ; Wang, Danhong
Author_Institution
Sch. of Logistics, Harbin Univ. of Commerce, Harbin
Volume
2
fYear
2008
fDate
12-15 Oct. 2008
Firstpage
3037
Lastpage
3041
Abstract
Nowadays, supply chain coordination has become the major concern problem in optimization cost, and inventory control is the main way to improve the performance or reduce cost. Based on cooperation and symmetry information, this paper builds up inventory control model for supplier and retailer system in which retailer is the core enterprise. Then, the supply chain realizes the optimal total cost through offering trade credit and obtains the Nash equilibrium policy and optimal ordering policy through discussing the game model. Finally, the efficiency of the policy is illustrated by a numerical example.
Keywords
cost reduction; decision theory; game theory; optimisation; retailing; stock control; supply chain management; Nash equilibrium policy; cost reduction; credit coordination mechanism; game model; inventory control; optimal ordering policy; optimization; supplier-retailer system; supply chain coordination; credit; game; inventory; supply chain;
fLanguage
English
Publisher
ieee
Conference_Titel
Service Operations and Logistics, and Informatics, 2008. IEEE/SOLI 2008. IEEE International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4244-2012-4
Electronic_ISBN
978-1-4244-2013-1
Type
conf
DOI
10.1109/SOLI.2008.4683056
Filename
4683056
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