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| Author: | Meca, A. (et al.) |
| Title: | Inventory games |
| Journal: | European Journal of Operational Research
2004 : JUL, VOL. 156:1, p. 127-139 |
| Index terms: | INVENTORY CONTROL Information Costs |
| Language: | eng |
| Abstract: | Inventory management studies show how a single firm can minimize the average cost per time unit of its inventory. In this paper the authors extend this analysis to situations where a collective of firms minimizes its joint inventory cost by means of cooperation. Depending on the information revealed by the individual firms, we analyze related cooperative TU games and focus on proportional division mechanisms to share the joint cost. |
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