Name
Title | ||
|---|---|---|
Cooperation and game-theoretic cost allocation in stochastic inventory models with continuous review. |
Abstract | ||
|---|---|---|
•We model two companies that continuously review inventories and face Poisson demand.•Two cooperation strategies for joint replenishment are studied.•Replenish when a company reaches its reorder level, has the lowest cost, numerically.•The Shapley value and the distribution rule are stable cost allocations.•These results also hold for three companies. |
Year | DOI | Venue |
|---|---|---|
2013 | 10.1016/j.ejor.2013.05.051 | European Journal of Operational Research |
Keywords | Field | DocType |
Joint replenishment,Stochastic demand,Cost allocation,Continuous review,Game theory,Inventory model | Economics,Incentive,Shapley value,Microeconomics,Game theoretic,Corporate group,Game theory,Procurement,Cost allocation,Operations management | Journal |
Volume | Issue | ISSN |
231 | 3 | 0377-2217 |
Citations | PageRank | References |
6 | 0.51 | 2 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Judith Timmer | 1 | 101 | 15.67 |
| Michela Chessa | 2 | 10 | 1.91 |
| Richard J. Boucherie | 3 | 311 | 37.73 |