In the current study, a supply chain structure is considered consisting of duopolistic manufacturers and monopolistic retailer. structure, product two substitutable products deliver them to end customers. One sells his/her only through common retailer whereas another one directly customers as well Obviously, competitive behavior established in order price under chain. this point view, game-theo...

The objective of the paper is to study how wholesale price and revenue sharing contracts affect operations and marketing decisions in a supply chain under different dynamic informational structures. We suggest a differential game model of a supply chain consisting of a manufacturer and a single retailer that agree on the contract parameters at the outset of the game. The model includes key oper...

For decades, the Beer Game has taught complex principles of supply chain management in a finished good inventory supply chain. However, services typically cannot hold inventory and can only manage backlogs through capacity adjustments. We propose a simulation game designed to teach service-oriented supply chain management principles and to test whether managers use them effectively. For example...

Supply chain risk management is an active area of research and there is a research gap of exploring established risk quantification techniques in other fields for application in the context of supply chain management. We have developed a novel framework for quantification of supply chain risks that integrates two techniques of Bayesian belief network and Game theory. Bayesian belief network can...

In this paper, bi-level programming is proposed for designing a competitive supply chain network. A two-stage stochastic programming approach has been developed for a multi-product supply chain comprising a capacitated supplier, several distribution centers, retailers and some resellers in the market. The proposed model considers demand’s uncertainty and disruption in distribution centers and t...

A supply chain is a network of companies producing and distributing products to end-consumers. The Québec Wood Supply Game (QWSG) is a board game designed to teach supply chain dynamics. The QWSG provides the agent model for every company in our simulation. The goal of this paper is to introduce this simulation model. For this purpose, we first outline the QWSG, and then describe with mathemati...

When supply disruption occurs following major disasters, many supply chains tend to breakdown due to stock-outs or lost sales and take a long time to recover. However, by keeping one or more emergency sources of supply, some supply chains continue to function smoothly, satisfying consumer demand even after a major disaster. In this study, we use the game-theory-based framework to model a supply...

The TAC 2003 supply-chain game presented automated trading agents with a challenging strategic problem. Embedded within a complex stochastic environment was a pivotal strategic decision about initial procurement of components. Early evidence suggested that the entrant field was headed toward a self-destructive, mutually unprofitable equilibrium. Our agent, Deep Maize, introduced a preemptive st...

This paper surveys some applications of cooperative game theory to supply chain management. Special emphasis is placed on two important aspects of cooperative games: profit allocation and stability. The paper first describes the construction of the set of feasible outcomes in commonly seen supply chain models, and then uses cooperative bargaining models to find allocations of the profit pie bet...

The TAC supply-chain game presented automated trading agents with a challenging strategic problem. Embedded within a high-dimensional stochastic environment was a pivotal strategic decision about initial procurement of components. Early evidence suggested that the entrant field was headed toward a self-destructive, mutually unprofitable equilibrium. Our agent, Deep Maize, introduced a preemptiv...