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Persistent link: https://www.econbiz.de/10011521538
We consider the economic lot-sizing (ELS) game with general concave ordering cost.In this cooperative game, multiple retailers form a coalition by placing joint orders to asingle supplier in order to reduce ordering cost. When both the inventory holding costand backlogging cost are linear...
Persistent link: https://www.econbiz.de/10012769208
In this paper, we present a unified approach to study a class of cooperative games arisingfrom inventory centralization. The optimization problems corresponding to the inventory games are formulated as stochastic programs. We observe that the strong duality of stochastic linear programming not...
Persistent link: https://www.econbiz.de/10012769205