DocumentCode :
724368
Title :
A supply chain network oligopoly model with random demands
Author :
Shengzhen Dongye ; XinChuan Wang ; Zhengyu Duan
Author_Institution :
Dept. of Manage. Sci. & Eng., QingDao Univ., Qingdao, China
fYear :
2015
fDate :
23-25 May 2015
Firstpage :
3915
Lastpage :
3919
Abstract :
In this paper, we develop a model of supply chain network under oligopolistic competition, where the demands associated with the demand markers are random. The supply chain network is consisted of oligopolistic firms that compete non-cooperatively, and all the firms try to determine their product flows to maximize their profits. The Nash-Cournot equilibrium conditions are solved by using variational inequality. Finally, we illustrate the efficiency of the model by two numerical examples, for which the equilibrium prices and product shipments are computed.
Keywords :
game theory; network theory (graphs); oligopoly; pricing; supply chains; Nash-Cournot equilibrium conditions; demand markers; equilibrium prices; oligopolistic competition; oligopolistic firms; product shipments; random demands; supply chain network oligopoly model; variational inequality; Convergence; Electronic mail; Legislation; Numerical models; Oligopoly; Supply chains; Nash-Cournot equilibrium; random demands; supply chain network;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Control and Decision Conference (CCDC), 2015 27th Chinese
Conference_Location :
Qingdao
Print_ISBN :
978-1-4799-7016-2
Type :
conf
DOI :
10.1109/CCDC.2015.7162607
Filename :
7162607
Link To Document :
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