The Impact of RFID Investment on Complex Product in Three-Level Assembly Supply Chain
Joint Authors
Xu, Wei
Lian, Zhaotong
Yao, Xifan
Source
Mathematical Problems in Engineering
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-06-19
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
Motivated by the complex product with the feature about error-prone assembly system and supply chain inventory inaccuracy, this paper elaborates on the impact of information technology investment on complex product by establishing a three-stage supply chain model involving two suppliers, one manufacturer, and retailer which carried out Stackelberg games.
In addition, it not only compares the manufacturer and the retailer’s optimal decision and maximum profit under the situation of the information asymmetry and free information sharing, but also analyzes their market behavior and changes in market performance.
Meanwhile, it points out that the downstream in supply chain masters more information about market demands compared to the upstream one.
The optimal cost threshold values of technology investment are also examined both for the centralized and the decentralized scenarios utilizing quantitative and modeling methods.
By analyzing and comparing the optimal profit with or without investment on information technology, it establishes a supply chain coordination model which boosts the application of information technology.
At the same time, it offers the conditions on which the upstream and downstream enterprises can coordinate with one another.
The results of this paper have contributed significantly to making the price and ordering decisions on whether RFID should be adopted among members of the supply chain.
Finally, we present numerical analyses, and several extensions of the model are considered as well.
American Psychological Association (APA)
Xu, Wei& Lian, Zhaotong& Yao, Xifan. 2013. The Impact of RFID Investment on Complex Product in Three-Level Assembly Supply Chain. Mathematical Problems in Engineering،Vol. 2013, no. 2013, pp.1-11.
https://search.emarefa.net/detail/BIM-1008871
Modern Language Association (MLA)
Xu, Wei…[et al.]. The Impact of RFID Investment on Complex Product in Three-Level Assembly Supply Chain. Mathematical Problems in Engineering No. 2013 (2013), pp.1-11.
https://search.emarefa.net/detail/BIM-1008871
American Medical Association (AMA)
Xu, Wei& Lian, Zhaotong& Yao, Xifan. The Impact of RFID Investment on Complex Product in Three-Level Assembly Supply Chain. Mathematical Problems in Engineering. 2013. Vol. 2013, no. 2013, pp.1-11.
https://search.emarefa.net/detail/BIM-1008871
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1008871