Coordination mechanisms for inventory control in three-echelon serial and distribution systems

被引:0
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作者
Henk Zijm
Judith Timmer
机构
[1] University of Twente,Stochastic Operations Research Group, Faculty of Electrical Engineering, Mathematics and Computer Science
来源
关键词
Supply chain; Inventory control; Strategic game; Nash equilibrium; Multi-echelon system; Coordination mechanism;
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学科分类号
摘要
This paper is concerned with the coordination of inventory control in three-echelon serial and distribution systems under decentralized control. All installations in these supply chains track echelon inventories. Under decentralized control the installations will decide upon base stock levels that minimize their own inventory costs. In general these levels do not coincide with the optimal base stock levels in the global optimum of the chain under centralized control. Hence, the total cost under decentralized control is larger than under centralized control.
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页码:161 / 182
页数:21
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