Modified economic order quantity (EOQ) model for items with imperfect quality: Game-theoretical approaches

International Journal of Industrial Engineering Computations

关键词: Inventory management;    Economic order quantity;    Game theory;    Non-cooperative games;    Cooperative games;   

DOI  :  10.5267/j.ijiec.2014.1.003

来源: DOAJ

【 摘 要 】

In the recent decade, studying the economic order quantity (EOQ) models with imperfect quality has appealed to many researchers. Only few papers are published discussing EOQ models with imperfect items in a supply chain. In this paper, a two-echelon decentralized supply chain consisting of a manufacture and a supplier that both face just in time (JIT) inventory problem is considered. It is sought to find the optimal number of the shipments and the quantity of each shipment in a way that minimizes the both manufacturer’s and the supplier’s cost functions. To the authors’ best knowledge, this is the first paper that deals with imperfect items in a decentralized supply chain. Thereby, three different game theoretical solution approaches consisting of two non-cooperative games and a cooperative game are proposed. Comparing the results of three different scenarios with those of the centralized model, the conclusions are drawn to obtain the best approach.

【 授权许可】

Unknown