Title :
Optimal decisions for two assembled products based on game theory
Author :
Wei, Jie ; Zhao, Jing
Author_Institution :
Dept. of Basic Sci., Acad. of Mil. Transp., Tianjin
Abstract :
The optimal pricing decisions for two assembled products are considered in this paper. By game-theoretical approach, both the supplierpsilas and two manufacturerspsila optimal decisions are established over two different scenarios. A number of insights into the economic behavior of firms is given, which can serve as the basis for empirical study in the future. At last, some insights on the influence of each parameter are given.
Keywords :
game theory; optimal control; pricing; production control; assembled products; economic firm behavior; game theory; optimal pricing decisions; Assembly systems; Computer aided manufacturing; Costs; Game theory; Manufacturing processes; Monopoly; Pricing; Production systems; Raw materials; Supply chains; Assembled Products; Game Theory; Pricing Decisions;
Conference_Titel :
Control and Decision Conference, 2008. CCDC 2008. Chinese
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-1-4244-1733-9
Electronic_ISBN :
978-1-4244-1734-6
DOI :
10.1109/CCDC.2008.4597830
