Abstract
Applications of game theoretic analysis, to supply chain efficiency have focused on contract between a buyer (retailer or manufacturer) and a seller (supplier), in successive stages of a supply chain. In this paper, a JIT environment in which, the manufacturer's final demand is stochastic is assumed. Supplier makes decision about his raw material capacity and pre-processed materials, before receiving manufacturer's order, and the manufacturer places his order to the supplier, after final demand is realized.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.