A Two-Location Inventory Model with Transshipment and Local Decision Making
研究两个独立地点之间通过转运共享库存时，各地点以自身利润最大化为目标（本地决策）的订货决策，并找出能实现联合利润最大化的转运价格。
In situations where a seller has surplus stock and another seller is stocked out, it may be desirable to transfer surplus stock from the former to the latter. We examine how the possibility of such transshipments between two independent locations affects the optimal inventory orders at each location. If each location aims to maximize its own profits—we call this local decision making—their inventory choices will not, in general, maximize joint profits. We find transshipment prices which induce the locations to choose inventory levels consistent with joint-profit maximization.