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A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition
Joint Authors
Xu, Chuanchao
Li, Bo
Tang, Yi
Lan, Yanfei
Source
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-07-24
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
We investigate a durable product retailing and recycling problem in a closed-loop supply chain consisting of a single manufacturer and two competitive retailers, in which the manufacturer collects used products via retailers from the consumers and has sufficient channel power over the retailers to act as a Stackelberg leader; the retailers compete in retail products and recycling used products.
In order to analyze the impact of retailing and recycling competitions on the profits of the manufacturer and the competitive retailers, two collection models (coordinated collection (Model C) and decentralized collection (Model D)) are established, respectively.
Then, based on game theory, we derive the optimal retail price, the optimal repurchase price, and the optimal profits of the manufacturer and the retailers.
The managerial insights demonstrate that more intense retailing competition induces the increase of the manufacturer's profits in both forward and reverse channels and retailers' profits in the forward channel and the decrease of retailers' profits in the reverse channel, while more intense recycling competition induces the decrease of the profits of the manufacturer and retailers in both forward and reverse channels.
Finally, numerical examples are given to illustrate the effectiveness of the proposed models.
American Psychological Association (APA)
Xu, Chuanchao& Li, Bo& Lan, Yanfei& Tang, Yi. 2014. A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition. Abstract and Applied Analysis،Vol. 2014, no. 2014, pp.1-14.
https://search.emarefa.net/detail/BIM-1033813
Modern Language Association (MLA)
Xu, Chuanchao…[et al.]. A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition. Abstract and Applied Analysis No. 2014 (2014), pp.1-14.
https://search.emarefa.net/detail/BIM-1033813
American Medical Association (AMA)
Xu, Chuanchao& Li, Bo& Lan, Yanfei& Tang, Yi. A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition. Abstract and Applied Analysis. 2014. Vol. 2014, no. 2014, pp.1-14.
https://search.emarefa.net/detail/BIM-1033813
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1033813