OPTIMAL ANALYSIS ON BATCH STOCK SHARING POLICIES BETWEEN RETAILERS IN ELECTRONIC PRODUCT MARKET
After investigating and analysing the Zhongguancun electronic products market, this paper studies the optimal policies of batch stock sharing between two competing retailers by establishing a model. The model assumes that both retailers hold a certain quantity of initial inventories which are non-replenishable during the selling process. One of the retailers may ask for stock transhipment from the other one only if he has sold out of his inventory, and both sides share the profits as agreed scale. In this process, all retailers pursue maximal expected profits and make the optimal batch stock sharing policies based on the comprehensive consideration of transhipment profits, inventory costs and transhipment costs. The research result shows that one of the retailers will grant request of transhipment only when its actual inventory level is higher than the key value. Moreover, the specialty of this model is that the retailer who has run out of the inventory will consider whether to ask for transhipment based on profits.
stock sharing batch transhipment electronic product market
Yuanyang Gao Siyue Li Ren Ren
School of Economics and Management, Beihang University, Beijing 100191, China
国际会议
The Tneth International Conference on Industrial Management(第十届工业管理国际会议 ICIM 2010)
北京
英文
89-92
2010-09-16（万方平台首次上网日期，不代表论文的发表时间）