Study on Quality Decisions in Supply Chain considering the Lagged Time and Retailers Competition
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-03-22
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
The lagged time on goodwill is a common phenomenon in the process of quality improvement, which plays an important role in making quality strategy of supply chain.
With increasing public attention to quality, supply chain quality management has become a research focus in recent years.
This paper probes into the lagged time of quality on goodwill under the competitive environment of retailers and constructs a lagged differential equation of quality on goodwill based on the Nerlove–Arrow model.
The results indicate that the optimal goodwill and quality are higher under centralized decision-making than under decentralized decision-making; however, whether or not the profit of the entire supply chain is higher under centralized decision-making depends on the span of the lagged time.
Under decentralized decision-making, the lagged time of product quality on goodwill is favorable to retailers but unfavorable to manufacturers and vice versa.
Therefore, when competition is low, a supply chain tends to adopt centralized decision-making.
When competition is intense, it is appropriate for a supply chain to adopt decentralized decision-making.
In conclusion, this paper analyzes the effects of the lagged time on the optimal quality level and supply chain profit as well as the effect of the competition coefficient on research findings concerning supply chain profit under centralized and decentralized decision-making to verify the relevant conclusions of this paper.
American Psychological Association (APA)
Peng, Yuan& Ning, Liang. 2020. Study on Quality Decisions in Supply Chain considering the Lagged Time and Retailers Competition. Discrete Dynamics in Nature and Society،Vol. 2020, no. 2020, pp.1-13.
https://search.emarefa.net/detail/BIM-1153401
Modern Language Association (MLA)
Peng, Yuan& Ning, Liang. Study on Quality Decisions in Supply Chain considering the Lagged Time and Retailers Competition. Discrete Dynamics in Nature and Society No. 2020 (2020), pp.1-13.
https://search.emarefa.net/detail/BIM-1153401
American Medical Association (AMA)
Peng, Yuan& Ning, Liang. Study on Quality Decisions in Supply Chain considering the Lagged Time and Retailers Competition. Discrete Dynamics in Nature and Society. 2020. Vol. 2020, no. 2020, pp.1-13.
https://search.emarefa.net/detail/BIM-1153401
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1153401