Summary
2011 International Symposium on Nonlinear Theory and Its Applications
2011
Session Number:A4L-D
Session:
Number:A4L-D5
Valuation of Information Sharing in a Two-level Supply Chain facing Demands with Jump Diffusion Processes
Shozo Tokinaga, Yoshinori Kishikawa,
pp.286-289
Publication Date:2011/9/4
Online ISSN:2188-5079
Summary:
This paper deals with the valuation of information sharing in a two-level supply chain facing demands with jump diffusion processes. We show basic model for demand time series in a supply chain described by variables including jump diffusion processes as well as ordinary Brownian motion. Then, the optimization of evaluations functions is attained. For simplicity, we reduce the problem to cases where only 4 parameters are to be shared. We show simulation results for valuing the information sharing with deteriorated data.