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Survey of cooperative inventory games and extensions

Author

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  • M Dror

    (Eller College of Management, The University of Arizona)

  • B C Hartman

    (California State University Maritime
    College of Economics and Business)

Abstract

We examine cooperative games in supply-chain management termed Inventory Games. Supply-chain management has non-cooperative and cooperative interactions between the participating players. We provide a concise survey of cooperative inventory games in the form of extensions on two basic problems. For deterministic games, Economic Order Quantity-like policies with joint replenishment are of primary interest. For stochastic games we examine Newsvendor-like centralization games and their extensions. We conclude with a short summary of a dynamic Newsvendor realization game and directions for further research.

Suggested Citation

  • M Dror & B C Hartman, 2011. "Survey of cooperative inventory games and extensions," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(4), pages 565-580, April.
    • Handle: RePEc:pal:jorsoc:v:62:y:2011:i:4:d:10.1057_jors.2010.65
    DOI: 10.1057/jors.2010.65
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    3. Luyi Gui & Christopher S. Tang & Shuya Yin, 2019. "Improving Microretailer and Consumer Welfare in Developing Economies: Replenishment Strategies and Market Entries," Service Science, INFORMS, vol. 21(1), pages 231-250, January.
    4. Kidd, Martin P. & Borm, Peter, 2021. "On Determining Leading Coalitions in Supply Chains: Methodology and Application," Discussion Paper 2021-009, Tilburg University, Center for Economic Research.
    5. A. Saavedra-Nieves & I. García-Jurado & M. G. Fiestras-Janeiro, 2018. "On coalition formation in a non-convex multi-agent inventory problem," Annals of Operations Research, Springer, vol. 261(1), pages 255-273, February.
    6. Feng, Hairong & Zeng, Yinlian & Cai, Xiaoqiang & Qian, Qian & Zhou, Yongwu, 2021. "Altruistic profit allocation rules for joint replenishment with carbon cap-and-trade policy," European Journal of Operational Research, Elsevier, vol. 290(3), pages 956-967.
    7. Fiestras-Janeiro, M.G. & García-Jurado, I. & Meca, A. & Mosquera, M.A., 2015. "Cooperation on capacitated inventory situations with fixed holding costs," European Journal of Operational Research, Elsevier, vol. 241(3), pages 719-726.
    8. Karsten, Frank & Basten, Rob J.I., 2014. "Pooling of spare parts between multiple users: How to share the benefits?," European Journal of Operational Research, Elsevier, vol. 233(1), pages 94-104.
    9. Luo, Chunlin & Zhou, Xiaoyang & Lev, Benjamin, 2022. "Core, shapley value, nucleolus and nash bargaining solution: A Survey of recent developments and applications in operations management," Omega, Elsevier, vol. 110(C).
    10. Evren Körpeoğlu & Alper Şen & Kemal Güler, 2012. "A private contributions game for joint replenishment," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 75(1), pages 67-82, February.
    11. Suresh P. Sethi & Sushil Gupta & Vipin K. Agrawal & Vijay K. Agrawal, 2022. "Nobel laureates’ contributions to and impacts on operations management," Production and Operations Management, Production and Operations Management Society, vol. 31(12), pages 4283-4303, December.
    12. Hezarkhani, Behzad & Slikker, Marco & Van Woensel, Tom, 2018. "Collaborative replenishment in the presence of intermediaries," European Journal of Operational Research, Elsevier, vol. 266(1), pages 135-146.
    13. David A. Goldberg & Martin I. Reiman & Qiong Wang, 2021. "A Survey of Recent Progress in the Asymptotic Analysis of Inventory Systems," Production and Operations Management, Production and Operations Management Society, vol. 30(6), pages 1718-1750, June.
    14. Ulaş Özen & Marco Slikker & Greys Sošić, 2022. "On the core of m$m$‐attribute games," Production and Operations Management, Production and Operations Management Society, vol. 31(4), pages 1770-1787, April.

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