Economic lot-sizing games

In this paper we introduce a new class of OR games: economic lot-sizing (ELS) games. There are a number of retailers that have a known demand for a fixed number of periods. To satisfy demand the retailers order products at the same manufacturer. By placing joint orders instead of individual orders, costs can be reduced and a cooperative game arises. In this paper we show that ELS games are balanced. Furthermore, we show that two special classes of ELS games are concave.

• View at Publisher
• View at Scopus
• View at Web of Science

See Also
researchPaper Economic Lot-Sizing Games W. van den Heuvel (Wilco), P.E.M. Borm (Peter) and H.J.M. Hamers (Herbert)