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Cooperative game theory and inventory management

Author

Listed:
  • Fiestras-Janeiro, M.G.
  • García-Jurado, I.
  • Meca, A.
  • Mosquera, M.A.

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.

Suggested Citation

  • Fiestras-Janeiro, M.G. & García-Jurado, I. & Meca, A. & Mosquera, M.A., 2011. "Cooperative game theory and inventory management," European Journal of Operational Research, Elsevier, vol. 210(3), pages 459-466, May.
    • Handle: RePEc:eee:ejores:v:210:y:2011:i:3:p:459-466
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    References listed on IDEAS

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