{"id":"https://openalex.org/W2005763969","doi":"https://doi.org/10.1109/coase.2014.6899398","title":"Inventory hedging and coordination under inventory-level-dependent demand","display_name":"Inventory hedging and coordination under inventory-level-dependent demand","publication_year":2014,"publication_date":"2014-08-01","ids":{"openalex":"https://openalex.org/W2005763969","doi":"https://doi.org/10.1109/coase.2014.6899398","mag":"2005763969"},"language":"en","primary_location":{"id":"doi:10.1109/coase.2014.6899398","is_oa":false,"landing_page_url":"https://doi.org/10.1109/coase.2014.6899398","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 IEEE International Conference on Automation Science and Engineering (CASE)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100458294","display_name":"Ting Zhang","orcid":"https://orcid.org/0000-0002-0258-2003"},"institutions":[{"id":"https://openalex.org/I889458895","display_name":"University of Hong Kong","ror":"https://ror.org/02zhqgq86","country_code":"HK","type":"education","lineage":["https://openalex.org/I889458895"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Ting Zhang","raw_affiliation_strings":["Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I889458895"]},{"raw_affiliation_string":"HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong","institution_ids":["https://openalex.org/I889458895"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5015681327","display_name":"George Q. Huang","orcid":"https://orcid.org/0000-0002-2362-6001"},"institutions":[{"id":"https://openalex.org/I889458895","display_name":"University of Hong Kong","ror":"https://ror.org/02zhqgq86","country_code":"HK","type":"education","lineage":["https://openalex.org/I889458895"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"George Q. Huang","raw_affiliation_strings":["Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I889458895"]},{"raw_affiliation_string":"HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong","institution_ids":["https://openalex.org/I889458895"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5011904531","display_name":"Yuan Shi","orcid":"https://orcid.org/0000-0003-1821-8289"},"institutions":[{"id":"https://openalex.org/I4210106134","display_name":"Guangzhou Vocational College of Science and Technology","ror":"https://ror.org/01dan7p53","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210106134"]},{"id":"https://openalex.org/I90610280","display_name":"South China University of Technology","ror":"https://ror.org/0530pts50","country_code":"CN","type":"education","lineage":["https://openalex.org/I90610280"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yuan Shi","raw_affiliation_strings":["School of economics and commerce, Guangzhou Higher Education Mega Centre, Guangzhou, P. R. China","School of economics and commerce, South China University of Technology, Guangzhou Higher Education Mega Centre, Panyu District, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of economics and commerce, Guangzhou Higher Education Mega Centre, Guangzhou, P. R. China","institution_ids":["https://openalex.org/I4210106134"]},{"raw_affiliation_string":"School of economics and commerce, South China University of Technology, Guangzhou Higher Education Mega Centre, Panyu District, China","institution_ids":["https://openalex.org/I90610280"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5102729592","display_name":"Shulin Lan","orcid":null},"institutions":[{"id":"https://openalex.org/I889458895","display_name":"University of Hong Kong","ror":"https://ror.org/02zhqgq86","country_code":"HK","type":"education","lineage":["https://openalex.org/I889458895"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Shulin Lan","raw_affiliation_strings":["Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I889458895"]},{"raw_affiliation_string":"HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Pokfulam Road, Hong Kong","institution_ids":["https://openalex.org/I889458895"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.12117105,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"8","issue":null,"first_page":"658","last_page":"664"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9977999925613403,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9977999925613403,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10974","display_name":"Advanced Queuing Theory Analysis","score":0.9700000286102295,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.9474999904632568,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inventory-theory","display_name":"Inventory theory","score":0.6668574810028076},{"id":"https://openalex.org/keywords/subsidiary","display_name":"Subsidiary","score":0.5891897082328796},{"id":"https://openalex.org/keywords/stackelberg-competition","display_name":"Stackelberg competition","score":0.5860868096351624},{"id":"https://openalex.org/keywords/perpetual-inventory","display_name":"Perpetual inventory","score":0.5463987588882446},{"id":"https://openalex.org/keywords/inventory-management","display_name":"Inventory management","score":0.543520450592041},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5126742124557495},{"id":"https://openalex.org/keywords/inventory-control","display_name":"Inventory control","score":0.4723145663738251},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4640902876853943},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4559992849826813},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.45301419496536255},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.4519120156764984},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.34642383456230164},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3247233033180237},{"id":"https://openalex.org/keywords/operations-management","display_name":"Operations management","score":0.24647098779678345},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.22818928956985474},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.19933190941810608},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.14527428150177002},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.128863126039505}],"concepts":[{"id":"https://openalex.org/C24373527","wikidata":"https://www.wikidata.org/wiki/Q252073","display_name":"Inventory theory","level":3,"score":0.6668574810028076},{"id":"https://openalex.org/C126071100","wikidata":"https://www.wikidata.org/wiki/Q658255","display_name":"Subsidiary","level":3,"score":0.5891897082328796},{"id":"https://openalex.org/C199510392","wikidata":"https://www.wikidata.org/wiki/Q1184602","display_name":"Stackelberg competition","level":2,"score":0.5860868096351624},{"id":"https://openalex.org/C194191399","wikidata":"https://www.wikidata.org/wiki/Q7169552","display_name":"Perpetual inventory","level":4,"score":0.5463987588882446},{"id":"https://openalex.org/C3018434026","wikidata":"https://www.wikidata.org/wiki/Q3761396","display_name":"Inventory management","level":2,"score":0.543520450592041},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5126742124557495},{"id":"https://openalex.org/C117938511","wikidata":"https://www.wikidata.org/wiki/Q3634830","display_name":"Inventory control","level":2,"score":0.4723145663738251},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4640902876853943},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4559992849826813},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.45301419496536255},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.4519120156764984},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34642383456230164},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3247233033180237},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.24647098779678345},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.22818928956985474},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.19933190941810608},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.14527428150177002},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.128863126039505},{"id":"https://openalex.org/C158016649","wikidata":"https://www.wikidata.org/wiki/Q161726","display_name":"Multinational corporation","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/coase.2014.6899398","is_oa":false,"landing_page_url":"https://doi.org/10.1109/coase.2014.6899398","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 IEEE International Conference on Automation Science and Engineering (CASE)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W96687786","https://openalex.org/W106200993","https://openalex.org/W621786492","https://openalex.org/W1418329030","https://openalex.org/W1495951130","https://openalex.org/W1963765525","https://openalex.org/W1965486271","https://openalex.org/W2038428061","https://openalex.org/W2057955015","https://openalex.org/W2072389938","https://openalex.org/W2082722811","https://openalex.org/W2088210551","https://openalex.org/W2116494533","https://openalex.org/W2140753014","https://openalex.org/W2148595445","https://openalex.org/W3123011787","https://openalex.org/W3125647812","https://openalex.org/W4250457656","https://openalex.org/W6628432089","https://openalex.org/W6641057980","https://openalex.org/W6671263780"],"related_works":["https://openalex.org/W2790725408","https://openalex.org/W2324466622","https://openalex.org/W620458871","https://openalex.org/W4230267698","https://openalex.org/W4256407232","https://openalex.org/W2747253420","https://openalex.org/W4238991398","https://openalex.org/W4292074765","https://openalex.org/W2248052189","https://openalex.org/W2359735601"],"abstract_inverted_index":{"This":[0,51,96],"paper":[1,97],"considers":[2],"an":[3,195],"inventory":[4,22,39,45,53,102,135,152,231],"coordination":[5,121,223],"problem":[6],"in":[7,38,60,170,210],"a":[8,16,64,115,188,205],"group":[9,13],"company":[10],"where":[11],"the":[12,83,90,101,131,134,146,158,163,167,174,178,202,212,216,222,236,241,247,253],"headquarter":[14],"manages":[15],"centralized":[17],"distribution":[18],"center":[19],"(HQ-CDC)":[20],"providing":[21],"spaces":[23,46,70],"and":[24,86,109,238],"services":[25],"for":[26,75,150,173,198],"its":[27],"subsidiary":[28],"companies":[29],"whose":[30],"demands":[31],"are":[32,72,142,183],"inventory-level-dependent.":[33],"To":[34],"deal":[35],"with":[36,82,123],"uncertainty":[37],"management,":[40],"subsidiaries":[41,66,237],"usually":[42],"reserve":[43,68],"more":[44,176],"than":[47,177],"their":[48,76],"actual":[49,179],"demands.":[50],"extra":[52,164],"space":[54,175],"strategy":[55,88,104,116,197],"is":[56,105,126,145,157,162,191,208,219],"called":[57],"\u201cinventory":[58],"hedging\u201d":[59],"this":[61],"research.":[62],"As":[63],"result,":[65],"may":[67],"excessive":[69],"which":[71,161,211],"never":[73],"required":[74,234],"business":[77],"operations,":[78],"leading":[79],"to":[80,94,107,129,166,193,246],"inconsistency":[81],"lean":[84],"warehousing":[85],"logistics":[87],"that":[89,221],"HQ-CDC":[91,213],"would":[92],"like":[93],"implement.":[95],"theoretically":[98],"examine":[99],"if":[100,110],"hedging":[103,136,232,254],"advantageous":[106],"subsidiaries,":[108],"so":[111],"how":[112],"best":[113],"such":[114],"should":[117],"be":[118],"implemented.":[119],"A":[120],"scheme":[122,224],"dynamic":[124,226],"pricing":[125],"introduced":[127],"here":[128],"coordinate":[130],"implementation":[132],"of":[133,140],"strategy.":[137],"Two":[138,181],"types":[139],"prices":[141],"introduced.":[143],"One":[144],"basic":[147,168],"price":[148,156,169,227],"used":[149],"block-reserving":[151],"spaces.":[153],"The":[154],"other":[155,203],"\u201chedging":[159],"price\u201d":[160],"amount":[165,233],"addition":[171],"charged":[172],"demand.":[180],"models":[182],"developed.":[184],"In":[185,201],"one":[186],"model,":[187,204],"Nash":[189],"game":[190,207],"played":[192,209],"reach":[194],"optimal":[196],"both":[199],"parties.":[200],"Stackelberg":[206],"serves":[214],"as":[215,244],"leader.":[217],"It":[218],"demonstrated":[220],"through":[225],"can":[228,239],"successfully":[229],"reduce":[230],"by":[235],"increase":[240],"HQ-CDC's":[242],"profit,":[243],"compared":[245],"decentralized":[248],"decision":[249],"model":[250],"without":[251],"considering":[252],"price.":[255]},"counts_by_year":[{"year":2018,"cited_by_count":1}],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}