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
Link To Document