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The coordination problem of closed-loop supply chain (CLSC) is studied under stochastic demand and stochastic recycling. Comparative analysis between centralized and decentralized decision shows that there will be efficiency loss under decentralized decision. However, single pricing contract could not achieve coordination. Hence two coordination methods are put forward. Through a numerical experiment...
Recently, the value chain coordination has been drawing much attention of both researchers and practitioners. One of the most prevalent approaches would be “revenue-sharing”, where a supplier providing products to a retailer works together with the retailer, and the two parties agree upon a contract so as to increase their respective profits. More specifically, the wholesale price of the supplier...
BOT projects are affected by several risks and uncertainties. One of the most important issues in this type of contract is to determine the length of concession period considering these uncertainties. The previous studies have developed several models to determine the concession period. However, the uncertainties are not taking into account in most of the previous works. Moreover, none of the previous...
Under the consideration of demand uncertainty, salvage value of surplus products and stock-out cost, combined contracts with revenue-sharing and buy-back was used to study the coordination of the three-level supply chain which consists of one retailer, one distributor and one manufacturer. Firstly, establish a three-level supply chain coordinating model with combined contract. Secondly, compare the...
This paper addresses coordination problem of a supply chain comprising one supplier and one retailer under production cost and market demand disruptions. Assume the market demand is sensitive to retail price in an exponential form, the optimal strategies are obtained for different disruption scale under centralized-decision system, and it is shown that the original production plan of the supply chain...
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