Three-Level Supply Chain Coordination under Disruptions Based on Revenue-Sharing Contract with Price Dependent Demand
Joint Authors
Chen, Yuer
Hu, Yulu
Pang, Qinghua
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-12-18
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
Considering the market demand is stochastic and dependent on price, this paper shows that the revenue-sharing contract could coordinate a three-level supply chain consisting of one manufacturer, one distributor, and one retailer under normal environment.
However, the original revenue-sharing contract cannot coordinate the supply chain under disruptions in circumstances of certain incidents leading to significant changes in market demand and causing additional deviation costs.
To solve the problem, this essay introduces two improved forms of revenue-sharing contract: a mixed contract form based on a quantity discount policy and a pure form, which are characterized by antidisruption ability.
The model of improved revenue-sharing contract is optimized when the market demand is in the additive form or in the multiplicative form with price dependent demand.
Formulas are given to calculate the optimal contract parameters.
Finally, this essay demonstrates the accuracy of the model of improved revenue-sharing contract with the help of numerical examples.
American Psychological Association (APA)
Pang, Qinghua& Chen, Yuer& Hu, Yulu. 2014. Three-Level Supply Chain Coordination under Disruptions Based on Revenue-Sharing Contract with Price Dependent Demand. Discrete Dynamics in Nature and Society،Vol. 2014, no. 2014, pp.1-11.
https://search.emarefa.net/detail/BIM-1035030
Modern Language Association (MLA)
Pang, Qinghua…[et al.]. Three-Level Supply Chain Coordination under Disruptions Based on Revenue-Sharing Contract with Price Dependent Demand. Discrete Dynamics in Nature and Society No. 2014 (2014), pp.1-11.
https://search.emarefa.net/detail/BIM-1035030
American Medical Association (AMA)
Pang, Qinghua& Chen, Yuer& Hu, Yulu. Three-Level Supply Chain Coordination under Disruptions Based on Revenue-Sharing Contract with Price Dependent Demand. Discrete Dynamics in Nature and Society. 2014. Vol. 2014, no. 2014, pp.1-11.
https://search.emarefa.net/detail/BIM-1035030
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1035030