Motivation
We formulate a global supernetwork supply chain model with the following notable features:
- It handles as many countries, manufacturers, retailers, and demand markets for the product as mandated by the specific application
- It predicts not only the equilibrium product shipments but also the equilibrium prices
- Retailers may be physical or virtual
- The transaction costs need not be symmetric
- It allows for the analysis and solution of the equilibrium product flows and prices as well as for the study of the disequilibrium dynamics