Cooperative game theory and inventory management

M.G. Fiestras-Janeiro, I. García-Jurado, A. Meca and M.A. Mosquera

European Journal of Operational Research, 2011, vol. 210, issue 3, 459-466

Abstract: Supply chain management is related to the coordination of materials, products and information flows among suppliers, manufacturers, distributors, retailers and customers involved in producing and delivering a final product or service. In this setting the centralization of inventory management and coordination of actions, to further reduce costs and improve customer service level, is a relevant issue. In this paper, we provide a review of the applications of cooperative game theory in the management of centralized inventory systems. Besides, we introduce and study a new model of centralized inventory: a multi-client distribution network.

Keywords: Game; theory; Cooperative; games; Inventory; models; Centralized; inventory; management (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (36)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:210:y:2011:i:3:p:459-466

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