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Most of existing revenue sharing contract models are based on expected utility theory which is a pure rational method and assumed that all decision makers are risk-neutral or loss-neutral. The paper develops a revenue sharing contract model based on prospect theory in which decision makers in the supply chain are all loss-averse. The best order quantity of retailer, effects of retailer's loss-aversion...
The causes and prevention methods of the "bullwhip effect" in supply chain will be explored in this thesis. Firstly we will mention the concept of the "bullwhip effect"; secondly we will analyze the specific reasons of it from many aspects, and discuss the preventive measures and weakening method of the "bullwhip effect". This research can provide a theoretical reference...
In this paper, we model the supply chain system consisting of one supplier and one retailer, where the market demand the retailer observed is uniformly distributed, and the distribution interval is affected by the order lead time. We assume production cost is a function of fixed cost and variable cost which is affected by the order lead time. Centralized decision-making and decentralized decision-making...
In our paper, a two-echelon supply chain with one supplier and multiple retailers is introduced. The products are perishable and sold over a single selling season. Traditionally, the retailers order products in the selling season, and the dynamic games between the supplier and retailers are constructed. Now the supplier gives one of the retailers a chance to order products before the selling season,...
In this paper, the supply chain system with one manufacturer and multi-retailers is constructed under demand uncertainties. The stochastic optimization models with retailer competition are established under the consideration of products substitutability. Using robust optimization method the absolute robust problems, robust deviation problems and relative robust problems are studied under demand uncertainty,...
This paper studies the manufacturer's return policy and the retailers' decisions in a supply chain consisting of one manufacturer and two competing and risk-averse retailers under a single-period framework. The manufacturer sells her short-life-cycle products through two competing retailers, and the product demand is random and sensitive to the retailers' selling prices. We incorporate the risk measure...
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