Shapley value based transfer pricing in supply chains with stochastic demand

We study the question of how to ideally divide total profits among supply chain members, especially in a stochastic demand market. The Shapley value is used as the methodology solution to divide profits in a supply chain. To illustrate the Shapley value solution and procedures, a two-echelon supply...

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Bibliographic Details
Main Author: Lihua Chen
Format: Article
Language:English
Published: Growing Science 2015-01-01
Series:Decision Science Letters
Subjects:
Online Access:http://www.growingscience.com/dsl/Vol4/dsl_2014_29.pdf