• DocumentCode
    2370902
  • Title

    Economic lot-sizing games with perishable inventory

  • Author

    Zeng, Yinlian ; Li, Jun ; Cai, Xiaoqiang

  • Author_Institution
    Sch. of Econ. & Manage., Southwest Jiaotong Univ., Chengdu, China
  • fYear
    2011
  • fDate
    25-27 June 2011
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    We consider the economic lot-sizing (ELS) game with perishable inventory. In this cooperative game, a number of retailers that have a known demand through a fixed number of periods for a same kind of perishable goods collaborate to place joint orders to a single supplier. We first show that an ELS game with perishable inventory is subadditive, totally balanced and its core is nonempty. Then, we propose an allocation in the core which allocates the unit cost to each period as equally as possible. Finally, a numerical example is given to illustrate the above results.
  • Keywords
    game theory; lot sizing; stock control; ELS; cooperative game theory; economic lot sizing; perishable inventory; retailers; Collaboration; Economics; Game theory; Games; Joints; Linear programming; Resource management; collaborative procurement; cooperative game theory; economic lot-sizing; perishable inventory;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Service Systems and Service Management (ICSSSM), 2011 8th International Conference on
  • Conference_Location
    Tianjin
  • ISSN
    2161-1890
  • Print_ISBN
    978-1-61284-310-0
  • Type

    conf

  • DOI
    10.1109/ICSSSM.2011.5959533
  • Filename
    5959533