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We consider a two-stage serial supply chain with capacity limits, where each installation is operated by managers attempting to minimize their own costs. A multiple-period model is necessitated by the multiple stages, capacity limits, stochastic demand, and the explicit consideration of...
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This paper investigates a decentralized assembly system that consists of one manufacturer and multiple suppliers who produce the complementary components. In a single selling season, the manufacturer initially sets a vendor inventory liability period (VILP) to control the suppliers' delivery...
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A newsvendor game studies whether players can collaborate on inventory pooling, where the cost allocation is usually analyzed by the notion of core in cooperative game theory. It is known that the core of the newsvendor game is non-empty and one can use duality theory in stochastic programming...
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