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Equilibrium supply-demand allocation in a single-commodity network
Alexander Y. Krylatovab, Anastasiya P. Raevskayaa, Jiangrong Lic a St. Petersburg State University, 7/9, Universitetskaya nab., St. Petersburg, 199034, Russia
b Institute of Applied Mathematical Research of the Karelian Research Centre, of the Russian Academy of Sciences, 11, Pushkinskaya ul., Petrozavodsk, 185035, Russia
c School of Mathematics and Computer Science, Yan'an University, Shengdi Rd, Yan'An, Shaanxi, 716000, China
Abstract:
This paper is devoted to the recent findings in the analytical research of supply-demand allocation in a single-commodity network with distant (in space) suppliers and consumers. The allocation problem is formulated as an equilibrium flow assignment problem with affine functions of demand, supply, and logistic costs in a network represented by a digraph with suppliers and consumers located in nodes. We offer a brief overview of supply-demand relocation patterns obtained for elastic, shortage, and overproduction cases. Such kinds of results seem valuable since they allow one to develop different competitive distribution models to facilitate the decision-making of supply chain managers. In particular, supply chain managers can use available patterns to design decision-making strategies that mitigate risks concerning disruption or ripple effects.
Keywords:
nonlinear optimization, distribution network, relocation, homogeneity.
Citation:
Alexander Y. Krylatov, Anastasiya P. Raevskaya, Jiangrong Li, “Equilibrium supply-demand allocation in a single-commodity network”, Contributions to Game Theory and Management, 15 (2022), 121–131
Linking options:
https://www.mathnet.ru/eng/cgtm419 https://www.mathnet.ru/eng/cgtm/v15/p121
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