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Newsvendor Game with Supply Uncertainty

초록

영어

In this paper, we study the newsvendor game with supply uncertainty, where multiple retailers form a coalition to cooperate to place orders to minimize the cost and share risk facing uncertain supplies and demands. After the orders are delivered and the demands are realized, the actual arrival quantities are allocated among the retailers to minimize the total cost. We compute the cost functions by using two-stage stochastic programming model and show that the cooperative game has a nonempty core. Also we propose a method to calculate an allocation in the core.

목차

Abstract
 1. Introduction
 2. Notation and Model
 3. Computation of the Characteristic Functions and Allocation
  3.1. The Case that the Supply Uncertainty and Demands are Given
  3.2. The Case with Supply Uncertainties and Random Demands
 4. Nonemptiness of the Core
 5. Conclusion
 Acknowledgments
 References

저자정보

  • Xiaojie Yan Department of Logistics Management, School of Economics and Management Beijing Jiaotong University, Beijing, China
  • Jun Shi Logistics Operation II, Beijing Benz Automotive CO.LTD. Beijing, China

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