Title :
Decisions of Inventory and Pricing on Products with Substitution
Author :
Zhao, Jing ; Wei, Jie ; Zhou, Yancong ; Wei, Cansheng
Author_Institution :
Tianjin Polytech. Univ., Tianjin
Abstract :
This paper considers such a supply chain, there is one manufacturer who produces two types of products with substitution, and sells the two types of products to two different retailers respectively, then the two retailers sell the two products to end consumer. Using game-theoretical approach, each firm´s optimal decisions are established, also the role of the manufacturer and the two retailers over two different scenarios are explored.
Keywords :
decision making; game theory; inventory management; pricing; retailing; supply chain management; supply chains; game-theoretical approach; product inventory; product pricing; retailers; supply chain; Automation; Costs; Inventory management; Marketing management; Pricing; Production; Pulp manufacturing; Supply chain management; Supply chains; Technological innovation; Inventory and Pricing; Substitution; game-theoretical approach;
Conference_Titel :
Automation and Logistics, 2007 IEEE International Conference on
Conference_Location :
Jinan
Print_ISBN :
978-1-4244-1531-1
DOI :
10.1109/ICAL.2007.4338809
