Reordering policy and coordination of a supply chain with a loss-averse retailer

Previous Article
Two-warehouse inventory models for deteriorating products with ramp type demand rate
JIMO Home
This Issue
Next Article
Optimal capacity reservation policy on innovative product

October 2013, 9(4): 827-853. doi: 10.3934/jimo.2013.9.827

Reordering policy and coordination of a supply chain with a loss-averse retailer

Kebing Chen ^1, and Tiaojun Xiao ^2,

1.	Department of Mathematics, Nanjing University of Aeronautics and Astronautics, Nanjing, Jiangsu 211100, China
2.	School of Management Science and Engineering, Nanjing University, Hankou Road 22, Nanjing, Jiangsu 210093, China

Received December 2011 Revised February 2013 Published August 2013

Abstract
Related Papers

This paper develops three (re)ordering models of a supply chain consisting of one risk-neutral manufacturer and one loss-averse retailer to study the coordination mechanism and the effects of the reordering policy on the coordination mechanism. The three (re)ordering policies are twice ordering policy with break-even quantity, twice ordering policy without break-even quantity and once ordering policy, respectively. We design a buyback-setup-cost-sharing mechanism to coordinate the supply chain for each policy, and Pareto analysis indicates that both the manufacturer and the retailer will realize a 'win-win' situation. By comparing the models, we find that twice ordering policy with break-even quantity is absolutely dominant for both the retailer and the supply chain. However, only if the break-even quantity is less than the mean quantity to failure, twice ordering policy without break-even quantity is dominant over the once ordering policy. The higher marginal revenue can induce more order quantity of the retailer under both twice ordering policy with break-even quantity and once ordering policy. However, it is interesting that it has no effect on the order plan of centralized decision-maker in twice ordering policy without break-even quantity.

Keywords: buyback contract., game theory, newsvendor model, channel coordination, Supply chain management.

Mathematics Subject Classification: Primary: 90B50, 91B06; Secondary: 91A1.

Citation: Kebing Chen, Tiaojun Xiao. Reordering policy and coordination of a supply chain with a loss-averse retailer. Journal of Industrial and Management Optimization, 2013, 9 (4) : 827-853. doi: 10.3934/jimo.2013.9.827

References:

[1]	R. Anupindi, Supply contracts with quantity commitments and stochastic demand, in "Quantitative Models for Supply Chain Management" (eds. S. Tayur, R. Ganeshan, and M. Magazine), Kluwer Academic, Boston, (1999), 199-232. doi: 10.1007/978-1-4615-4949-9_7.
[2]	F. Bernstein and A. Federgruen, Pricing and replenishment strategies in a distribution system with competing retailers, Operations Research, 51 (2003), 409-426. doi: 10.1287/opre.51.3.409.14957.
[3]	G. P. Cachon and M. A. Lariviere, Supply chain coordination with revenue sharing contracts: Strengths and limitations, Management Science, 51 (2005), 30-44. doi: 10.1287/mnsc.1040.0215.
[4]	G. P. Cachon, Supply chain coordination with contracts, Handbook in Operation Research and Management Science, 11 (2003), 227-339. doi: 10.1016/S0927-0507(03)11006-7.
[5]	F. R. Chen, Coordination mechanisms for a distribution system with one supplier and multiple retailers, Management Science, 47 (2001), 698-708. doi: 10.1287/mnsc.47.5.693.10484.
[6]	J. Chen and P. Bell, Coordinating a decentralized supply chain with customer returns and price-dependent stochastic demand using a buyback policy, European Journal of Operational Research, 212 (2011), 293-300. doi: 10.1016/j.ejor.2011.01.036.
[7]	J. Chen, L. Guan and X. Q. Cai, Analysis on Buyers' cooperative strategy under group-buying price mechanism, Journal of Industrial and Management Optimization, 9 (2013), 291-304. doi: 10.3934/jimo.2013.9.291.
[8]	K. B. Chen and T. J. Xiao, Demand disruption and coordination of the supply chain with a dominant retailer, European Journal of Operational Research, 197 (2009), 225-234. doi: 10.1016/j.ejor.2008.06.006.
[9]	K. B. Chen and T. J. Xiao, Ordering policy and coordination of a supply chain with two-period demand uncertainty, European Journal of Operational Research, 215 (2011), 347-357. doi: 10.1016/j.ejor.2011.06.015.
[10]	C. H. Chiu, T. M. Choi and X. Li, Supply chain coordination with risk sensitive retailer under target sales rebate, Automatica, 47 (2011), 1617-1625. doi: 10.1016/j.automatica.2011.04.012.
[11]	T. M. Choi, D. Li and H. M. Yan, Optimal returns policy for supply chain with e-marketplace, International Journal of Production Economics, 88 (2004), 205-227. doi: 10.1016/S0925-5273(03)00188-9.
[12]	P. Dutta, D. Chakraborty and A. R. Roy, An inventory model for single-period products with reordering opportunities under fuzzy demand, Computers & Mathematics with Applications, 53 (2007), 1502-1517. doi: 10.1016/j.camwa.2006.04.029.
[13]	H. Emmons and S. M. Gilbert, Note: The role of returns policies in pricing and inventory decisions for catalogue goods, Management Science, 44 (1998), 276-283. doi: 10.1287/mnsc.44.2.276.
[14]	M. L. Fisher, J. H. Hammond, W. R. Obermeyer and A. Raman, Making supply meet demand in an uncertain world, Harvard Business Review, 5-6 (1994), 83-93.
[15]	X. Gan, S. Sethi and H. Yan, Channel coordination with a risk neutral supplier and a downside risk-averse retailer, Production and Operations Management, 14 (2005), 80-89. doi: 10.1111/j.1937-5956.2005.tb00011.x.
[16]	G. Hadley and T. M. Whitin, "Analysis of Inventory Systems," Prentice-Hall, Englewood Cliffs, NJ, 1963.
[17]	M. Hervé., "Axioms of Cooperative Decision Making," Econometric Society Monographs, 15, Cambridge University Press, Cambridge, 1988.
[18]	Z. S. Hua and S. J. Li, Impacts of demand uncertainty on retailer's dominance and manufacturer -retailer supply chain cooperation, Omeg, 36 (2008), 697-714. doi: 10.1016/j.omega.2006.02.005.
[19]	R. Jarrow and F. Zhao, Downside loss aversion and portfolio management, Management Science, 52 (2006), 558-566.
[20]	H. S. Lau and A. H. L. Lau, Reordering strategies for a newsboy-type product, European Journal of Operational Research, 103 (1997), 557-572. doi: 10.1016/S0377-2217(96)00304-9.
[21]	H. Lee and S. Whang, Decentralized multi-echelon supply chains: Incentives and information, Management Science, 45 (1999), 633-642. doi: 10.1287/mnsc.45.5.633.
[22]	J. Y. Lee and L. B. Schwarz, Lead time reduction in a (Q, r) inventory system: An agency perspective, International Journal of Production Economics, 105 (2007), 204-212.
[23]	L. Q. Liu, A. J. Rettenmaier and T. R. Saving, How much and how often: A model of repeated consumption with endogenous consumption frequency, Economics Letters, 110 (2011), 186-188. doi: 10.1016/j.econlet.2010.11.032.
[24]	J. Mazzola and R. Schantz, Single-facility resourse allocation under capacity-based economies and diseconomies of scope, Management Science, 41 (1995), 669-689. doi: 10.1287/mnsc.41.4.669.
[25]	M. $\ddotO$nal and H. E. Romeijn, Two-echelon requirements planning with pricing decisions, Journal of Industrial and Management Optimization, 5 (2009), 767-781. doi: 10.3934/jimo.2009.5.767.
[26]	V. Padmanabhan and I. P. L. Png, Returns policies: Make money by making good, Sloan Management Review, 37 (1995), 65-72.
[27]	A. Pan, S. Y. S. Leung, K. L. Moon and K. W. Yeung, Optimal reorder decision-making in the agent -based apparel supply chain, Expert Systems with Applications, 36 (2009), 8571-8581. doi: 10.1016/j.eswa.2008.10.081.
[28]	M. Parlar and Z. K. Weng, Designing a firm's coordinated manufacturing and supply decisions with short product life cycles, Management Science, 43 (1997), 1329-1344. doi: 10.1287/mnsc.43.10.1329.
[29]	M. E. Schweitzer and G. P. Cachon, Decision bias in the newsvendor problem with a known demand distribution: Experimental evidence, Management Science, 46 (2000), 404-420. doi: 10.1287/mnsc.46.3.404.12070.
[30]	K. Shi and T. J. Xiao, Coordination of a supply chain with a loss-averse retailer under two types of contracts, International Journal of Information and Decision Sciences, 1 (2008), 5-25. doi: 10.1504/IJIDS.2008.020033.
[31]	D. Sophia, Design of supply chains for quick response: the case of apparel industry,, 2001. Available from: , ().
[32]	T. A. Taylor, Supply chain coordination under channel rebates with sales effort effects, Management Science, 48 (2002), 992-1007. doi: 10.1287/mnsc.48.8.992.168.
[33]	A. Tsay and N. Agrawal, Channel dynamics under price and service competition, Manufacturing & Service Operations Management, 2 (2000), 372-391. doi: 10.1287/msom.2.4.372.12342.
[34]	B. Tomlin and Y. Wang, On the value of mix flexibility and dual sourcing in unreliable newsvendor networks, Manufacturing & Service Operations Management, 7 (2005), 37-57. doi: 10.1287/msom.1040.0063.
[35]	C. X. Wang and S. Webster, Channel coordination for a supply chain with a risk-neutral manufacturer and a loss-averse retailer, Decision Sciences, 38 (2007), 361-389. doi: 10.1111/j.1540-5915.2007.00163.x.
[36]	Z. K. Weng, Coordinating order quantities between the manufacturer and the buyer: A generalized newsvendor model, European Journal of Operational Research, 156 (2004), 148-161. doi: 10.1016/S0377-2217(03)00003-1.
[37]	J. Wu, J. Li, S. Y. Wang and T. C. E Cheng, Mean-variance analysis of the newsvendor model with stockout cost, Omega, 37 (2009), 724-730. doi: 10.1016/j.omega.2008.02.005.
[38]	T. J. Xiao and D. Q. Yang, Price and service competition of supply chains with risk-averse retailers under demand uncertainty, International Journal of Production Economics, 114 (2008), 187-200. doi: 10.1016/j.ijpe.2008.01.006.
[39]	T. J. Xiao, K. Shi and D. Q. Yang, Coordination of a supply chain with consumer return under demand uncertainty, International Journal of Production Economics, 124 (2010), 171-180. doi: 10.1016/j.ijpe.2009.10.021.
[40]	H. Xiong, B. T. Chen and J. Xie, A composite contract based on buy back and quantity flexibility contracts, European Journal of Operational Research, 210 (2011), 559-567. doi: 10.1016/j.ejor.2010.10.010.
[41]	X. L. Xu and X. Q. Cai, Price and delivery-time competition of perishable products, Journal of Industrial and Management Optimization, 4 (2008), 843-859. doi: 10.3934/jimo.2008.4.843.
[42]	Q. Y. Yan, J. B. Li and J. L. Zhang, Licensing schemes in Stackelberg model under asymmetric information of product costs, Journal of Industrial and Management Optimization, 3 (2007), 763-774. doi: 10.3934/jimo.2007.3.763.
[43]	C. T. Yang, L. Y. Ouyang, H. F. Yen and K. L. Lee, Joint pricing and ordering policies for deteriorating item with retail price-dependent demand in response to announced supply price increase, Journal of Industrial and Management Optimization, 9 (2013), 437-454. doi: 10.3934/jimo.2013.9.437.
[44]	J. Zhang and G. V. Frazier, Strategic alliance via co-opetition: Supply chain partnership with a competitor, Decision Support Systems, 51 (2011), 853-863.
[45]	J. Zhang and J. Chen, Externality of contracts on supply chains with two suppliers and a common retailer, Journal of Industrial and Management Optimization, 6 (2010), 795-810. doi: 10.3934/jimo.2010.6.795.
[46]	Y. W. Zhou and S. D. Wang, Manufacturer-buyer coordination for newsvendor-type- products with two ordering opportunities and partial backorders, European Journal of Operational Research, 198 (2009), 958-974. doi: 10.1016/j.ejor.2008.10.026.
[47]	Y. Zhou and D. H. Li, Coordinating order quantity decisions in the supply chain contract under random demand, Applied Mathematical Modeling, 31 (2007), 1029-1038. doi: 10.1016/j.apm.2006.02.011.

show all references

References:

[1]	R. Anupindi, Supply contracts with quantity commitments and stochastic demand, in "Quantitative Models for Supply Chain Management" (eds. S. Tayur, R. Ganeshan, and M. Magazine), Kluwer Academic, Boston, (1999), 199-232. doi: 10.1007/978-1-4615-4949-9_7.
[2]	F. Bernstein and A. Federgruen, Pricing and replenishment strategies in a distribution system with competing retailers, Operations Research, 51 (2003), 409-426. doi: 10.1287/opre.51.3.409.14957.
[3]	G. P. Cachon and M. A. Lariviere, Supply chain coordination with revenue sharing contracts: Strengths and limitations, Management Science, 51 (2005), 30-44. doi: 10.1287/mnsc.1040.0215.
[4]	G. P. Cachon, Supply chain coordination with contracts, Handbook in Operation Research and Management Science, 11 (2003), 227-339. doi: 10.1016/S0927-0507(03)11006-7.
[5]	F. R. Chen, Coordination mechanisms for a distribution system with one supplier and multiple retailers, Management Science, 47 (2001), 698-708. doi: 10.1287/mnsc.47.5.693.10484.
[6]	J. Chen and P. Bell, Coordinating a decentralized supply chain with customer returns and price-dependent stochastic demand using a buyback policy, European Journal of Operational Research, 212 (2011), 293-300. doi: 10.1016/j.ejor.2011.01.036.
[7]	J. Chen, L. Guan and X. Q. Cai, Analysis on Buyers' cooperative strategy under group-buying price mechanism, Journal of Industrial and Management Optimization, 9 (2013), 291-304. doi: 10.3934/jimo.2013.9.291.
[8]	K. B. Chen and T. J. Xiao, Demand disruption and coordination of the supply chain with a dominant retailer, European Journal of Operational Research, 197 (2009), 225-234. doi: 10.1016/j.ejor.2008.06.006.
[9]	K. B. Chen and T. J. Xiao, Ordering policy and coordination of a supply chain with two-period demand uncertainty, European Journal of Operational Research, 215 (2011), 347-357. doi: 10.1016/j.ejor.2011.06.015.
[10]	C. H. Chiu, T. M. Choi and X. Li, Supply chain coordination with risk sensitive retailer under target sales rebate, Automatica, 47 (2011), 1617-1625. doi: 10.1016/j.automatica.2011.04.012.
[11]	T. M. Choi, D. Li and H. M. Yan, Optimal returns policy for supply chain with e-marketplace, International Journal of Production Economics, 88 (2004), 205-227. doi: 10.1016/S0925-5273(03)00188-9.
[12]	P. Dutta, D. Chakraborty and A. R. Roy, An inventory model for single-period products with reordering opportunities under fuzzy demand, Computers & Mathematics with Applications, 53 (2007), 1502-1517. doi: 10.1016/j.camwa.2006.04.029.
[13]	H. Emmons and S. M. Gilbert, Note: The role of returns policies in pricing and inventory decisions for catalogue goods, Management Science, 44 (1998), 276-283. doi: 10.1287/mnsc.44.2.276.
[14]	M. L. Fisher, J. H. Hammond, W. R. Obermeyer and A. Raman, Making supply meet demand in an uncertain world, Harvard Business Review, 5-6 (1994), 83-93.
[15]	X. Gan, S. Sethi and H. Yan, Channel coordination with a risk neutral supplier and a downside risk-averse retailer, Production and Operations Management, 14 (2005), 80-89. doi: 10.1111/j.1937-5956.2005.tb00011.x.
[16]	G. Hadley and T. M. Whitin, "Analysis of Inventory Systems," Prentice-Hall, Englewood Cliffs, NJ, 1963.
[17]	M. Hervé., "Axioms of Cooperative Decision Making," Econometric Society Monographs, 15, Cambridge University Press, Cambridge, 1988.
[18]	Z. S. Hua and S. J. Li, Impacts of demand uncertainty on retailer's dominance and manufacturer -retailer supply chain cooperation, Omeg, 36 (2008), 697-714. doi: 10.1016/j.omega.2006.02.005.
[19]	R. Jarrow and F. Zhao, Downside loss aversion and portfolio management, Management Science, 52 (2006), 558-566.
[20]	H. S. Lau and A. H. L. Lau, Reordering strategies for a newsboy-type product, European Journal of Operational Research, 103 (1997), 557-572. doi: 10.1016/S0377-2217(96)00304-9.
[21]	H. Lee and S. Whang, Decentralized multi-echelon supply chains: Incentives and information, Management Science, 45 (1999), 633-642. doi: 10.1287/mnsc.45.5.633.
[22]	J. Y. Lee and L. B. Schwarz, Lead time reduction in a (Q, r) inventory system: An agency perspective, International Journal of Production Economics, 105 (2007), 204-212.
[23]	L. Q. Liu, A. J. Rettenmaier and T. R. Saving, How much and how often: A model of repeated consumption with endogenous consumption frequency, Economics Letters, 110 (2011), 186-188. doi: 10.1016/j.econlet.2010.11.032.
[24]	J. Mazzola and R. Schantz, Single-facility resourse allocation under capacity-based economies and diseconomies of scope, Management Science, 41 (1995), 669-689. doi: 10.1287/mnsc.41.4.669.
[25]	M. $\ddotO$nal and H. E. Romeijn, Two-echelon requirements planning with pricing decisions, Journal of Industrial and Management Optimization, 5 (2009), 767-781. doi: 10.3934/jimo.2009.5.767.
[26]	V. Padmanabhan and I. P. L. Png, Returns policies: Make money by making good, Sloan Management Review, 37 (1995), 65-72.
[27]	A. Pan, S. Y. S. Leung, K. L. Moon and K. W. Yeung, Optimal reorder decision-making in the agent -based apparel supply chain, Expert Systems with Applications, 36 (2009), 8571-8581. doi: 10.1016/j.eswa.2008.10.081.
[28]	M. Parlar and Z. K. Weng, Designing a firm's coordinated manufacturing and supply decisions with short product life cycles, Management Science, 43 (1997), 1329-1344. doi: 10.1287/mnsc.43.10.1329.
[29]	M. E. Schweitzer and G. P. Cachon, Decision bias in the newsvendor problem with a known demand distribution: Experimental evidence, Management Science, 46 (2000), 404-420. doi: 10.1287/mnsc.46.3.404.12070.
[30]	K. Shi and T. J. Xiao, Coordination of a supply chain with a loss-averse retailer under two types of contracts, International Journal of Information and Decision Sciences, 1 (2008), 5-25. doi: 10.1504/IJIDS.2008.020033.
[31]	D. Sophia, Design of supply chains for quick response: the case of apparel industry,, 2001. Available from: , ().
[32]	T. A. Taylor, Supply chain coordination under channel rebates with sales effort effects, Management Science, 48 (2002), 992-1007. doi: 10.1287/mnsc.48.8.992.168.
[33]	A. Tsay and N. Agrawal, Channel dynamics under price and service competition, Manufacturing & Service Operations Management, 2 (2000), 372-391. doi: 10.1287/msom.2.4.372.12342.
[34]	B. Tomlin and Y. Wang, On the value of mix flexibility and dual sourcing in unreliable newsvendor networks, Manufacturing & Service Operations Management, 7 (2005), 37-57. doi: 10.1287/msom.1040.0063.
[35]	C. X. Wang and S. Webster, Channel coordination for a supply chain with a risk-neutral manufacturer and a loss-averse retailer, Decision Sciences, 38 (2007), 361-389. doi: 10.1111/j.1540-5915.2007.00163.x.
[36]	Z. K. Weng, Coordinating order quantities between the manufacturer and the buyer: A generalized newsvendor model, European Journal of Operational Research, 156 (2004), 148-161. doi: 10.1016/S0377-2217(03)00003-1.
[37]	J. Wu, J. Li, S. Y. Wang and T. C. E Cheng, Mean-variance analysis of the newsvendor model with stockout cost, Omega, 37 (2009), 724-730. doi: 10.1016/j.omega.2008.02.005.
[38]	T. J. Xiao and D. Q. Yang, Price and service competition of supply chains with risk-averse retailers under demand uncertainty, International Journal of Production Economics, 114 (2008), 187-200. doi: 10.1016/j.ijpe.2008.01.006.
[39]	T. J. Xiao, K. Shi and D. Q. Yang, Coordination of a supply chain with consumer return under demand uncertainty, International Journal of Production Economics, 124 (2010), 171-180. doi: 10.1016/j.ijpe.2009.10.021.
[40]	H. Xiong, B. T. Chen and J. Xie, A composite contract based on buy back and quantity flexibility contracts, European Journal of Operational Research, 210 (2011), 559-567. doi: 10.1016/j.ejor.2010.10.010.
[41]	X. L. Xu and X. Q. Cai, Price and delivery-time competition of perishable products, Journal of Industrial and Management Optimization, 4 (2008), 843-859. doi: 10.3934/jimo.2008.4.843.
[42]	Q. Y. Yan, J. B. Li and J. L. Zhang, Licensing schemes in Stackelberg model under asymmetric information of product costs, Journal of Industrial and Management Optimization, 3 (2007), 763-774. doi: 10.3934/jimo.2007.3.763.
[43]	C. T. Yang, L. Y. Ouyang, H. F. Yen and K. L. Lee, Joint pricing and ordering policies for deteriorating item with retail price-dependent demand in response to announced supply price increase, Journal of Industrial and Management Optimization, 9 (2013), 437-454. doi: 10.3934/jimo.2013.9.437.
[44]	J. Zhang and G. V. Frazier, Strategic alliance via co-opetition: Supply chain partnership with a competitor, Decision Support Systems, 51 (2011), 853-863.
[45]	J. Zhang and J. Chen, Externality of contracts on supply chains with two suppliers and a common retailer, Journal of Industrial and Management Optimization, 6 (2010), 795-810. doi: 10.3934/jimo.2010.6.795.
[46]	Y. W. Zhou and S. D. Wang, Manufacturer-buyer coordination for newsvendor-type- products with two ordering opportunities and partial backorders, European Journal of Operational Research, 198 (2009), 958-974. doi: 10.1016/j.ejor.2008.10.026.
[47]	Y. Zhou and D. H. Li, Coordinating order quantity decisions in the supply chain contract under random demand, Applied Mathematical Modeling, 31 (2007), 1029-1038. doi: 10.1016/j.apm.2006.02.011.

[1]	Sushil Kumar Dey, Bibhas C. Giri. Coordination of a sustainable reverse supply chain with revenue sharing contract. Journal of Industrial and Management Optimization, 2022, 18 (1) : 487-510. doi: 10.3934/jimo.2020165
[2]	Chong Zhang, Yaxian Wang, Ying Liu, Haiyan Wang. Coordination contracts for a dual-channel supply chain under capital constraints. Journal of Industrial and Management Optimization, 2021, 17 (3) : 1485-1504. doi: 10.3934/jimo.2020031
[3]	Wei Chen, Fuying Jing, Li Zhong. Coordination strategy for a dual-channel electricity supply chain with sustainability. Journal of Industrial and Management Optimization, 2021 doi: 10.3934/jimo.2021139
[4]	Han Zhao, Bangdong Sun, Hui Wang, Shiji Song, Yuli Zhang, Liejun Wang. Optimization and coordination in a service-constrained supply chain with the bidirectional option contract under conditional value-at-risk. Discrete and Continuous Dynamical Systems - S, 2022 doi: 10.3934/dcdss.2022021
[5]	Tinggui Chen, Yanhui Jiang. Research on operating mechanism for creative products supply chain based on game theory. Discrete and Continuous Dynamical Systems - S, 2015, 8 (6) : 1103-1112. doi: 10.3934/dcdss.2015.8.1103
[6]	Chao Zhao, Jixiang Song. Coordination of dual-channel supply chain considering differential pricing and loss-aversion based on quality control. Journal of Industrial and Management Optimization, 2022 doi: 10.3934/jimo.2022053
[7]	Kun Fan, Wenjin Mao, Hua Qu, Xinning Li, Meng Wang. Study on government subsidy in a two-level supply chain of direct-fired biomass power generation based on contract coordination. Journal of Industrial and Management Optimization, 2022 doi: 10.3934/jimo.2022049
[8]	Ali Naimi Sadigh, S. Kamal Chaharsooghi, Majid Sheikhmohammady. A game theoretic approach to coordination of pricing, advertising, and inventory decisions in a competitive supply chain. Journal of Industrial and Management Optimization, 2016, 12 (1) : 337-355. doi: 10.3934/jimo.2016.12.337
[9]	Guirong Pan, Bing Xue, Hongchun Sun. An optimization model and method for supply chain equilibrium management problem. Mathematical Foundations of Computing, 2022, 5 (2) : 145-156. doi: 10.3934/mfc.2022001
[10]	Solaleh Sadat Kalantari, Maryam Esmaeili, Ata Allah Taleizadeh. Selling by clicks or leasing by bricks? A dynamic game for pricing durable products in a dual-channel supply chain. Journal of Industrial and Management Optimization, 2021 doi: 10.3934/jimo.2021221
[11]	Haijiao Li, Kuan Yang, Guoqing Zhang. Optimal pricing strategy in a dual-channel supply chain: A two-period game analysis. Journal of Industrial and Management Optimization, 2022 doi: 10.3934/jimo.2022072
[12]	Juliang Zhang. Coordination of supply chain with buyer's promotion. Journal of Industrial and Management Optimization, 2007, 3 (4) : 715-726. doi: 10.3934/jimo.2007.3.715
[13]	Na Song, Ximin Huang, Yue Xie, Wai-Ki Ching, Tak-Kuen Siu. Impact of reorder option in supply chain coordination. Journal of Industrial and Management Optimization, 2017, 13 (1) : 449-475. doi: 10.3934/jimo.2016026
[14]	Jun Pei, Panos M. Pardalos, Xinbao Liu, Wenjuan Fan, Shanlin Yang, Ling Wang. Coordination of production and transportation in supply chain scheduling. Journal of Industrial and Management Optimization, 2015, 11 (2) : 399-419. doi: 10.3934/jimo.2015.11.399
[15]	Yeong-Cheng Liou, Siegfried Schaible, Jen-Chih Yao. Supply chain inventory management via a Stackelberg equilibrium. Journal of Industrial and Management Optimization, 2006, 2 (1) : 81-94. doi: 10.3934/jimo.2006.2.81
[16]	Jun Wu, Shouyang Wang, Wuyi Yue. Supply contract model with service level constraint. Journal of Industrial and Management Optimization, 2005, 1 (3) : 275-287. doi: 10.3934/jimo.2005.1.275
[17]	Yafei Zu. Inter-organizational contract control of advertising strategies in the supply chain. Journal of Industrial and Management Optimization, 2021 doi: 10.3934/jimo.2021126
[18]	Tinghai Ren, Kaifu Yuan, Dafei Wang, Nengmin Zeng. Effect of service quality on software sales and coordination mechanism in IT service supply chain. Journal of Industrial and Management Optimization, 2021 doi: 10.3934/jimo.2021165
[19]	Lianju Sun, Ziyou Gao, Yiju Wang. A Stackelberg game management model of the urban public transport. Journal of Industrial and Management Optimization, 2012, 8 (2) : 507-520. doi: 10.3934/jimo.2012.8.507
[20]	Lisha Wang, Huaming Song, Ding Zhang, Hui Yang. Pricing decisions for complementary products in a fuzzy dual-channel supply chain. Journal of Industrial and Management Optimization, 2019, 15 (1) : 343-364. doi: 10.3934/jimo.2018046

2020 Impact Factor: 1.801

Tools

Metrics

Other articles
by authors

on AIMS
Kebing Chen Tiaojun Xiao
on Google Scholar
Kebing Chen Tiaojun Xiao

[Back to Top]