Optimising pricing and inventory in a supply chain with supply-hub
by Lei Xiao; Fei Lv
International Journal of Computing Science and Mathematics (IJCSM), Vol. 9, No. 3, 2018

Abstract: This paper focuses on joint decision making about pricing and inventory in a three level supply chain composed of multi suppliers, one supply-hub and one manufacturer. The problem is modelled as a three-stage game. Firstly, the manufacturer determines its margin. Secondly, the supply-hub determines its replenishment policy. Finally, each supplier determines its wholesale price, production lot size and delivery lot size to the supply-hub. An analytical and computational method is proposed to solve the game model. A numerical study has been conducted to demonstrate how the algorithm works and to understand the influences of decision variables and profits of the three entities, we draw some management insights through this study.

Online publication date: Wed, 11-Jul-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Computing Science and Mathematics (IJCSM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com