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Economic analysis of implementing VMI model using game theory

100%
Stehel V., Vochozka M., Kliestik T., Bakes V.
Oeconomia Copernicana
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2019
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vol. 10
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issue 2
253-272
EN
Research background: The article deals with implementing VMI between the supplier and customer. To assess whether the system will be implemented, the evolution game theory is used. The contribution is based on the limitations of the study of the evolutionary game theory approach to modelling VMI policies (Torres et al., 2014) and its later extension, The evolutionary game theory approach to modelling VMI policies (Torres & García-Díaz, 2018). It aims is to complement the studies and provide a comprehensive picture of the issue. Purpose of the article: The main objective of the contribution is to respond to the question whether the VMI system will be introduced between the supplier and customer. Methods: In the first phase, the matrix is analysed from the point of view of the game meaning and its limit parameters. The limit parameters are set taking into account the economic reality. The only examined states of the matrix are those where the result is not obvious. For the purposes of the contribution, we work with a 5-year period. A new software capable of calculating evolutionary focus and their stability is created. Sensitivity analysis is carried out for the individual parameters that affect the system behaviour. Findings & Value added: Value added is a complex description of the system and complementation of previous studies in this field. VMI is confirmed. The results obtained can be used for practical management, so that the managers are able to identify what the actual costs are and what the probability of introducing the system is. At the same time, they can identify the parameters that can be influenced by them and observe their impact on the shift of the system introduction probability.
2
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THE CONCEPT OF THE IMPLEMENTATION OF INVENTOMRY MANAGEMENT BY THE SUPPLIER WITH THE USE OF AGENT TECHNOLOGY

100%
Wieczerzycki W., Januszewski P.
LogForum
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2012
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vol. 8
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issue 1
21-28
EN
Background: As it is well know, the implementation of instruments of logistics management is only possible with the use of the latest information technology. So-called agent technology is one of the most promising solutions in this area. Its essence consists in an entirely new way of software distribution on the computer network platform, in which computer exchange among themselves not only data, but also software modules, called just agents. The first aim is to propose the alternative method of the implementation of the concept of the inventory management by the supplier with the use of intelligent software agents, which are able not only to transfer the information but also to make the autonomous decisions based on the privileges given to them. The second aim of this research was to propose a new model of a software agent, which will be both of a high mobility and a high intelligence. Methods: After a brief discussion of the nature of agent technology, the most important benefits of using it to build platforms to support business are given. Then the original model of polymorphic software agent, called Multi-Dimensionally Versioned Software Agent (MDV) is presented, which is oriented on the specificity of IT applications in business. MDV agent is polymorphic, which allows the transmission through the network only the most relevant parts of its code, and only when necessary. Consequently, the network nodes exchange small amounts of software code, which ensures high mobility of software agents, and thus highly efficient operation of IT platforms built on the proposed model. Next, the adaptation of MDV software agents to implementation of well-known logistics management instrument - VMI (Vendor Managed Inventory) is illustrated. Results: The key benefits of this approach are identified, among which one can distinguish: reduced costs, higher flexibility and efficiency, new functionality - especially addressed to business negotiation, full automation of work that in practice does not require the involvement of network users, the ability to use new communication channels, etc. Conclusions: The proposed MDV model significantly enriched the advantages of software agents, which was then practically illustrated by the proposal of their use for the VMI implementation.
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Simulation Methods Application for LPG Deliveries Planning and Scheduling to the Network of Stations Under Demand Uncertainty

88%
Karkuła M., Kaleta J.
Logistics and Transport
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2017
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vol. 34
63-78
EN
In our paper we considered the problem of demand uncertainty and its influence on planning and scheduling of LPG deliveries. The experience of specialized transportation company in charge of LPG deliveries for the domestic supplier network under VMI approach was analyzed. High variability of distribution parameters and frequent orders modifications were observed while small stations tanks capacities comparing to high daily LPG sales volumes were considered. The combined use of simulation and optimization methods was proposed for the case of LPG distribution to the petrol stations network. The demand uncertainty at customers' stations was considered. Simulation models were assumed to be efficient for dynamic and robust delivery plans of LPG distribution. The results of computational experiments were presented for different values of coefficient of variation.
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