Coordinating order quantity decisions in the supply chain contract under random demand

被引:36
|
作者
Zhou, Yin [1 ]
Li, Dong-Hui [1 ]
机构
[1] Hunan Univ, Coll Math & Econometr, Changsha 410082, Peoples R China
基金
美国国家科学基金会;
关键词
supply chain management; supply chain coordination; return policy;
D O I
10.1016/j.apm.2006.02.011
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
In this paper, we are concerned with the coordinating quantity decision problem in a supply chain contract. The supply chain contract is composed of one manufacturer and one retailer to meet the random demand of a single product with a short lifecycle. Our analysis show that the retailer expects to obtain higher profit under proper ordering policies, which can also maximize the expected profit of the supply chain. The manufacturer may induce the retailer to order the coordinated quantity by adjusting the unit return price. As a result, the supply chain is expected to achieve the optimal expected profit. (c) 2006 Elsevier Inc. All rights reserved.
引用
收藏
页码:1029 / 1038
页数:10
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