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The paper investigates a two-echelon fresh agricultural products supply chain(FAPSC) consisting of a supplier and a retailer in which the demand of the retailer is both price and quality sensitive. The wholesale price contract and the option contract based on fresh agricultural products quality is researched. The optimal decisions of the FAPSC with and without option contract are analyzed. The result...
Inventory is carrying high risk and high benefit as a supply chain management system. A shortage or lack of supplying sufficient inventory can disrupt manufacturing plan. Inventory management plays an important role to avoid shortage or ending up with overstock. The most important task of inventory management is making trade-off between the minimization of the total cost and maximization of the customer...
We consider a channel bargaining problem in a two-echelon supply chain in this paper. Employing a loss-aversion utility function, we model the decision-making behavior of a loss-averse retailer and a risk-neutral manufacturer which is very common in practice. By investigating the equilibrium optimal order quantity and the equilibrium optimal wholesale price, we find that there exit equilibria for...
This paper tries to build a three-stage game model between a supplier and a manufacturer in a supply chain with a wholesale price contract, so as to describe how the manufacturer and the supplier strategically interact. Further, via analyzing the equilibrium, it studies the impacts of the change in the futures price on the transmission of demand risk (variance) in supply chains (i.e. how the futures...
Demand forecasts play a crucial role in modern enterprise management. However, the diversity and uncertainty of the economic environment often make it hard to produce accurate forecasting results, especially when historical data change dramatically and there rise similar or substituting products. This paper discusses how to handle the historical demand data, analyze the market share of similar products,...
The Pig supply chain make up of three nodes, piglet supplier, pig cultivation, and butchering & processing factory. The upstream is mean from piglet supplier to pig cultivation. There are two types structure in the upstream pig supply chain in mainland china. The first one is the distribution channel mode that there has a dealer between pig raiser and piglet supplier, also named traditional mode...
With the tool of Lagrangian and game theory, we construct the demand model of chain-chain competition in the uncertainty of market demand, and examine the choice of manufacturer and retailers in the condition of perfect information and no information, then conclude that the substitution between demand information and inventory.
The competition between enterprises has been gradually replaced by that between supply chains. Nowadays, suppliers and buyers are cooperative associates and work in the competition together with each other, which used to be competitive forces. However, they are still separate units and transaction cost still exists as a prime cost between enterprises in supply chain today. Through the analysis of...
This paper investigates the source and treatment of supply chain collaborative information in terms of Information Theory. It indicates that that the supply chain collaboration is one part of economic activities and that the supply chain collaborative information is one part of economic information. It proposes the hierarchy and main representation of supply chain collaborative information in economic...
Based on the principal-agent theory, the relationship between the supplier and the retailer was studied. On the basis of different cognition in natural state, it discusses the impact of the optimal contract, and analyzes a optimal contract model that consider the negative utility of the agent. Through analysis the relationship between an incentive compensation coefficient and the estimate of the natural...
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