Optimal Strategies for Low Carbon Supply Chain with Strategic Customer Behavior and Green Technology Investment
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-02-15
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
Climate change is mainly caused by excessive emissions of carbon dioxide and other greenhouse gases.
In order to reduce carbon emissions, cap and trade policy is implemented by governments in many countries, which has significant impacts on the decisions of companies at all levels of the low carbon supply chain.
This paper investigates the decision-making and coordination of a low carbon supply chain consisting of a low carbon manufacturer who produces one product and is allowed to invest in green technology to reduce carbon emissions in production and a retailer who faces stochastic demands formed by homogeneous strategic customers.
We investigate the optimal production, pricing, carbon trading, and green technology investment strategies of the low carbon supply chain in centralized (including Rational Expected Equilibrium scenario and quantity commitment scenario) and decentralized settings.
It is demonstrated that quantity commitment strategy can improve the profit of the low carbon supply chain with strategic customer behavior.
We also show that the performance of decentralized supply chain is lower than that of quantity commitment scenario.
We prove that the low carbon supply chain cannot be coordinated by revenue sharing contract but by revenue sharing-cost sharing contract.
American Psychological Association (APA)
Jiang, Wen& Chen, Xu. 2016. Optimal Strategies for Low Carbon Supply Chain with Strategic Customer Behavior and Green Technology Investment. Discrete Dynamics in Nature and Society،Vol. 2016, no. 2016, pp.1-13.
https://search.emarefa.net/detail/BIM-1103640
Modern Language Association (MLA)
Jiang, Wen& Chen, Xu. Optimal Strategies for Low Carbon Supply Chain with Strategic Customer Behavior and Green Technology Investment. Discrete Dynamics in Nature and Society No. 2016 (2016), pp.1-13.
https://search.emarefa.net/detail/BIM-1103640
American Medical Association (AMA)
Jiang, Wen& Chen, Xu. Optimal Strategies for Low Carbon Supply Chain with Strategic Customer Behavior and Green Technology Investment. Discrete Dynamics in Nature and Society. 2016. Vol. 2016, no. 2016, pp.1-13.
https://search.emarefa.net/detail/BIM-1103640
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1103640