Inventory games

Ana Meca, Judith Timmer*, Ignacio García-Jurado, Peter Borm

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

104 Citations (Scopus)

Abstract

Inventory management studies how a single firm can minimize the average cost per time unit of its inventory. In this paper we extend this analysis to situations where a collective of firms minimizes its joint inventory cost by means of cooperation. Depending on the information revealed by the individual firms, we analyze related cooperative TU games and focus on proportional division mechanisms to share the joint cost.
Original languageEnglish
Pages (from-to)127-139
JournalEuropean journal of operational research
Volume156
Issue number1
DOIs
Publication statusPublished - 2004

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