Competitive Stock Replenishment Problem in a Two-echelon Supply Chain with Competing Retailers

摘要：

This paper studies a two-echelon supply chain, with a warehouse and n retailers.The entire supply chain is characterized by several parameters including demand variance,inventory holding cost and backorder penalty cost. We investigate replenishment strategies of this system under decentralized and centralized control. We consider horizontal information sharing between these retailers when the shared information is valuable for stabilization of the system. It is shown that unique Nash equilibrium of the competitive retailers system exists. We also propose demand-depended and equational coordination schemes. These three coordination schemes are compared numerically, the result of the simulation show that penalty cost and holding cost effect replenishment in Nash equilibrium greatly, and although the set of strategies under profit oriented Nash equilibrium balance the supply chain system, it increases system cost.

关键词： Stock replenishment supply chain management two-echelon supply chain competing retailers

作者: Qing Liu Dao Huang

作者单位: Research Institute of Automation East China University of Science and Technology Shanghai 200237, China

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 1405-1414

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）