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Article: Joint pricing and inventory replenishment decisions in a multi-level supply chain

TitleJoint pricing and inventory replenishment decisions in a multi-level supply chain
Authors
KeywordsMulti-Level Supply Chain
Nash Game
Pricing
Replenishment
Issue Date2010
PublisherInternational Association of Engineers. The Journal's web site is located at http://www.engineeringletters.com/
Citation
Engineering Letters, 2010, v. 18 n. 4 How to Cite?
AbstractThis paper coordinates pricing and inventory replenishment decisions in a multi-level supply chain composed of multiple suppliers, one manufacturer and multiple retailers. We model this problem as a three-level nested Nash game where all the suppliers formulate the bottom-level Nash game, the whole supplier sector play the middle-level Nash game with the manufacturer, and both sectors as a group player formulate the top-level Nash game with the retailers. Analytical method and solution algorithm are developed to determine the equilibrium of the game. A numerical study is conducted to understand the influence of different parameters on the decisions and profits of the supply chain and its constituent members. Several interesting research findings have been obtained.
Persistent Identifierhttp://hdl.handle.net/10722/155938
ISSN
2015 SCImago Journal Rankings: 0.241
References

 

DC FieldValueLanguage
dc.contributor.authorHuang, Yen_US
dc.contributor.authorHuang, GQen_US
dc.date.accessioned2012-08-08T08:38:30Z-
dc.date.available2012-08-08T08:38:30Z-
dc.date.issued2010en_US
dc.identifier.citationEngineering Letters, 2010, v. 18 n. 4en_US
dc.identifier.issn1816-093Xen_US
dc.identifier.urihttp://hdl.handle.net/10722/155938-
dc.description.abstractThis paper coordinates pricing and inventory replenishment decisions in a multi-level supply chain composed of multiple suppliers, one manufacturer and multiple retailers. We model this problem as a three-level nested Nash game where all the suppliers formulate the bottom-level Nash game, the whole supplier sector play the middle-level Nash game with the manufacturer, and both sectors as a group player formulate the top-level Nash game with the retailers. Analytical method and solution algorithm are developed to determine the equilibrium of the game. A numerical study is conducted to understand the influence of different parameters on the decisions and profits of the supply chain and its constituent members. Several interesting research findings have been obtained.en_US
dc.languageengen_US
dc.publisherInternational Association of Engineers. The Journal's web site is located at http://www.engineeringletters.com/en_US
dc.relation.ispartofEngineering Lettersen_US
dc.subjectMulti-Level Supply Chainen_US
dc.subjectNash Gameen_US
dc.subjectPricingen_US
dc.subjectReplenishmenten_US
dc.titleJoint pricing and inventory replenishment decisions in a multi-level supply chainen_US
dc.typeArticleen_US
dc.identifier.emailHuang, GQ:gqhuang@hkucc.hku.hken_US
dc.identifier.authorityHuang, GQ=rp00118en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-78649915257en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-78649915257&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume18en_US
dc.identifier.issue4en_US
dc.publisher.placeHong Kongen_US
dc.identifier.scopusauthoridHuang, Y=36572019900en_US
dc.identifier.scopusauthoridHuang, GQ=7403425048en_US

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