Loading...
Competitive Inventory Models
Shenoy, Prakash P.
Shenoy, Prakash P.
Citations
Altmetric:
Abstract
This paper deals with the question of optimal inventory sizes in a competitive environment in which demand for a product at a vendor depends on the inventory level of the product at that vendor relative to the inventories of the same product held by other competing vendors. The total demand for the product at all vendors is assumed to be fixed. This question is examined for two different replenishment policies: base stock policy where the vendors keep a constant level of inventory by ordering the product at the same rate as the observed demand
and continuous review policy where all vendors replenish their inventories periodically when the inventory drops to a predetermined level.
and continuous review policy where all vendors replenish their inventories periodically when the inventory drops to a predetermined level.
Description
© AFCET-Gauthier-Villars
Date
1987
Journal Title
Journal ISSN
Volume Title
Publisher
EDP Sciences
Files
Research Projects
Organizational Units
Journal Issue
Keywords
Inventory theory, Eoq models, Game theory
Citation
Shenoy, Prakash P. (1987), "Competitive Inventory Models," Recherche opérationnelle (Operations Research), 21 (1), 1-19.