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Optimum pricing strategy for complementary products with reservation price in a supply chain model
Department of Industrial & Management Engineering, Hanyang University, Ansan Gyeonggi-do, 15588, South Korea |
This paper describes a two-echelon supply chain model with two manufacturers and one common retailer. Two types of complementary products are produced by two manufacturers, and the common retailer buys products separately using a reservation price and bundles them for sale. The demands of manufacturers and retailer are assumed to be stochastic in nature. When the retailer orders for products, any one of manufacturers agrees to allow those products, and the rest of the manufacturers have to provide the same amount. The profits of two manufacturers and the retailer are maximized by using Stackelberg game policy. By applying a game theoretical approach, several analytical solutions are obtained. For some cases, this model obtains quasi-closed-form solutions, for others, it finds closed-form solutions. Some numerical examples, sensitivity analysis, managerial insights, and graphical illustrations are given to illustrate the model.
References:
[1] |
A. Banerjee,
A joint economic-lot-size model for purchaser and vendor, Decision Sciences, 17 (1986), 292-311.
doi: 10.1111/j.1540-5915.1986.tb00228.x. |
[2] |
L. E. C |
[3] |
C. S. Choi,
Price competition in a channel structure with a common retailer, Marketing Science, 10 (1991), 271-296.
doi: 10.1287/mksc.10.4.271. |
[4] |
A. L. EI-Ansary and L. W. Stern,
Power measurement in the distribution channel, Journal of Marketing Research, 9 (1972), 47-52.
|
[5] |
G. Ertek and P. M. Griffin,
Supplier-and buyer-driven channels in a two-stage supply chain, IIE Transactions, 34 (2002), 691-700.
doi: 10.1080/07408170208928905. |
[6] |
J. Gabszewicz, N. Sonnac and X. Wauthy,
On price competition with complementary goods, Economics Letters, 70 (2001), 431-437.
doi: 10.1016/S0165-1765(00)00383-9. |
[7] |
S. K. Goyal,
An integrated inventory model for a single supplier-single customer problem, International Journal of Production Research, 15 (1977), 107-111.
doi: 10.1080/00207547708943107. |
[8] |
S. K. Goyal,
A joint economic-lot-size model for purchaser and vendor: A comment, Decision Sciences, 19 (1988), 236-241.
doi: 10.1111/j.1540-5915.1988.tb00264.x. |
[9] |
C. C. Hsieh and C. H. Wu,
Coordinated decisions for substitutable products in a common retailer supply chain, European Journal of Operational Research, 196 (2009), 273-288.
doi: 10.1016/j.ejor.2008.02.019. |
[10] |
K. F. McCardle, K. Rajaram and C. S. Tang,
Bundling retail products: Models and analysis, European Journal of Operational Research, 177 (2007), 1197-1217.
doi: 10.1016/j.ejor.2005.11.009. |
[11] |
N. M. Modak, S. Panda and S. S. Sana,
Three-echelon supply chain coordination considering duopolistic retailers with perfect quality products, International Journal of Production Economics, 182 (2016), 564-578.
doi: 10.1016/j.ijpe.2015.05.021. |
[12] |
S. Mukhopadhyay, X. Yue and X. Zhu,
A Stackelberg model of pricing of complementary goods under information asymmetry, International Journal of Production Economics, 134 (2011), 424-433.
doi: 10.1016/j.ijpe.2009.11.015. |
[13] |
K. Pan, K. K. Lai, S. C. H. Leung and D. Xiao,
Revenue-sharing versus wholesale price mechanisms under different channel power structures, European Journal of Operational Research, 203 (2010), 532-538.
doi: 10.1016/j.ejor.2009.08.010. |
[14] |
B. Sarkar, Supply chain coordination with variable backorder, inspections, and discount policy for fixed lifetime products Mathematical Problems in Engineering 2016 (2016), Article ID 6318737, 14 pages.
doi: 10.1155/2016/6318737. |
[15] |
B. Sarkar,
A production-inventory model with probabilistic deterioration in two-echelon supply chain management, Applied Mathematical Modelling, 37 (2013), 3138-3151.
doi: 10.1016/j.apm.2012.07.026. |
[16] |
B. Sarkar and A. Majumder,
Integrated vendor-buyer supply chain model with vendors setup cost reduction, Applied Mathematics and Computation, 224 (2013), 362-371.
doi: 10.1016/j.amc.2013.08.072. |
[17] |
B. Sarkar, S. Saren, D. Sinha and S. Hur, Effect of unequal lot sizes, variable setup cost, and carbon emission cost in a supply chain model Mathematical Problems in Engineering 2015 (2015), Article ID 469486, 13 pages.
doi: 10.1155/2015/469486. |
[18] |
J. Wei, J. Zhao and Y. Li,
Pricing decisions for complementary products with firms' different market powers, European Journal of Operational Research, 224 (2013), 507-519.
doi: 10.1016/j.ejor.2012.09.011. |
[19] |
J. Wei, J. Zhao and Y. Li,
Price and warranty period decisions for complementary products with horizontal firms' cooperation/noncooperation strategies, Journal of Cleaner Production, 105 (2015), 86-102.
doi: 10.1016/j.jclepro.2014.09.059. |
[20] |
C. H. Wu, C. W. Chen and C. C. Hsieh,
Competitive pricing decisions in a two echelon supply chain with horizontal and vertical competition, International Journal of Production Economics, 135 (2012), 265-274.
doi: 10.1016/j.ijpe.2011.07.020. |
[21] |
Z. Yao, S. C. H. Leung and K. K. Lai,
Manufacturer's revenue-sharing contract and retail competition, European Journal of Operational Research, 186 (2008), 637-651.
doi: 10.1016/j.ejor.2007.01.049. |
[22] |
X. Yue, S. Mukhopadhyay and X. Zhu,
A Bertrand model of pricing of complementary goods under information asymmetry, Journal of Business Research, 59 (2006), 1182-1192.
doi: 10.1016/j.jbusres.2005.06.005. |
[23] |
J. Zhao, W. Tang, R. Zhao and J. Wei,
Pricing decisions for substitutable products with a common retailer in fuzzy environments, European Journal of Operational Research, 216 (2012), 409-419.
doi: 10.1016/j.ejor.2011.07.026. |
show all references
References:
[1] |
A. Banerjee,
A joint economic-lot-size model for purchaser and vendor, Decision Sciences, 17 (1986), 292-311.
doi: 10.1111/j.1540-5915.1986.tb00228.x. |
[2] |
L. E. C |
[3] |
C. S. Choi,
Price competition in a channel structure with a common retailer, Marketing Science, 10 (1991), 271-296.
doi: 10.1287/mksc.10.4.271. |
[4] |
A. L. EI-Ansary and L. W. Stern,
Power measurement in the distribution channel, Journal of Marketing Research, 9 (1972), 47-52.
|
[5] |
G. Ertek and P. M. Griffin,
Supplier-and buyer-driven channels in a two-stage supply chain, IIE Transactions, 34 (2002), 691-700.
doi: 10.1080/07408170208928905. |
[6] |
J. Gabszewicz, N. Sonnac and X. Wauthy,
On price competition with complementary goods, Economics Letters, 70 (2001), 431-437.
doi: 10.1016/S0165-1765(00)00383-9. |
[7] |
S. K. Goyal,
An integrated inventory model for a single supplier-single customer problem, International Journal of Production Research, 15 (1977), 107-111.
doi: 10.1080/00207547708943107. |
[8] |
S. K. Goyal,
A joint economic-lot-size model for purchaser and vendor: A comment, Decision Sciences, 19 (1988), 236-241.
doi: 10.1111/j.1540-5915.1988.tb00264.x. |
[9] |
C. C. Hsieh and C. H. Wu,
Coordinated decisions for substitutable products in a common retailer supply chain, European Journal of Operational Research, 196 (2009), 273-288.
doi: 10.1016/j.ejor.2008.02.019. |
[10] |
K. F. McCardle, K. Rajaram and C. S. Tang,
Bundling retail products: Models and analysis, European Journal of Operational Research, 177 (2007), 1197-1217.
doi: 10.1016/j.ejor.2005.11.009. |
[11] |
N. M. Modak, S. Panda and S. S. Sana,
Three-echelon supply chain coordination considering duopolistic retailers with perfect quality products, International Journal of Production Economics, 182 (2016), 564-578.
doi: 10.1016/j.ijpe.2015.05.021. |
[12] |
S. Mukhopadhyay, X. Yue and X. Zhu,
A Stackelberg model of pricing of complementary goods under information asymmetry, International Journal of Production Economics, 134 (2011), 424-433.
doi: 10.1016/j.ijpe.2009.11.015. |
[13] |
K. Pan, K. K. Lai, S. C. H. Leung and D. Xiao,
Revenue-sharing versus wholesale price mechanisms under different channel power structures, European Journal of Operational Research, 203 (2010), 532-538.
doi: 10.1016/j.ejor.2009.08.010. |
[14] |
B. Sarkar, Supply chain coordination with variable backorder, inspections, and discount policy for fixed lifetime products Mathematical Problems in Engineering 2016 (2016), Article ID 6318737, 14 pages.
doi: 10.1155/2016/6318737. |
[15] |
B. Sarkar,
A production-inventory model with probabilistic deterioration in two-echelon supply chain management, Applied Mathematical Modelling, 37 (2013), 3138-3151.
doi: 10.1016/j.apm.2012.07.026. |
[16] |
B. Sarkar and A. Majumder,
Integrated vendor-buyer supply chain model with vendors setup cost reduction, Applied Mathematics and Computation, 224 (2013), 362-371.
doi: 10.1016/j.amc.2013.08.072. |
[17] |
B. Sarkar, S. Saren, D. Sinha and S. Hur, Effect of unequal lot sizes, variable setup cost, and carbon emission cost in a supply chain model Mathematical Problems in Engineering 2015 (2015), Article ID 469486, 13 pages.
doi: 10.1155/2015/469486. |
[18] |
J. Wei, J. Zhao and Y. Li,
Pricing decisions for complementary products with firms' different market powers, European Journal of Operational Research, 224 (2013), 507-519.
doi: 10.1016/j.ejor.2012.09.011. |
[19] |
J. Wei, J. Zhao and Y. Li,
Price and warranty period decisions for complementary products with horizontal firms' cooperation/noncooperation strategies, Journal of Cleaner Production, 105 (2015), 86-102.
doi: 10.1016/j.jclepro.2014.09.059. |
[20] |
C. H. Wu, C. W. Chen and C. C. Hsieh,
Competitive pricing decisions in a two echelon supply chain with horizontal and vertical competition, International Journal of Production Economics, 135 (2012), 265-274.
doi: 10.1016/j.ijpe.2011.07.020. |
[21] |
Z. Yao, S. C. H. Leung and K. K. Lai,
Manufacturer's revenue-sharing contract and retail competition, European Journal of Operational Research, 186 (2008), 637-651.
doi: 10.1016/j.ejor.2007.01.049. |
[22] |
X. Yue, S. Mukhopadhyay and X. Zhu,
A Bertrand model of pricing of complementary goods under information asymmetry, Journal of Business Research, 59 (2006), 1182-1192.
doi: 10.1016/j.jbusres.2005.06.005. |
[23] |
J. Zhao, W. Tang, R. Zhao and J. Wei,
Pricing decisions for substitutable products with a common retailer in fuzzy environments, European Journal of Operational Research, 216 (2012), 409-419.
doi: 10.1016/j.ejor.2011.07.026. |














Decision variables | |
order quantity (units) | |
selling-price of product j, j=1, 2 ($/unit) | |
selling-price of the bundle product ($/unit) | |
Random variables | |
demand for product j, j=1, 2 (units) | |
demand for the bundle product (units) | |
Parameters | |
manufacturing cost of product j, j=1, 2 ($/unit) | |
holding cost of product j per unit per unit time, j=1, 2 ($/unit/unit time) | |
holding cost of the bundle product per unit per unit time ($/unit/unit time) | |
setup cost per setup of product j, j=1, 2 ($/unit) | |
production rate of product j, j=1, 2 (units) | |
known market size (units) | |
ordering cost per order of the retailer ($/order) | |
inventory of manufacturer i at |
|
inventory of manufacturer i at |
|
expected average profit of manufacturer i, i=1, 2 | |
expected average profit of the retailer | |
time required for maximum inventory of manufacturer i, i=1, 2 | |
cycle time of manufacturer i, i=1, 2 | |
lower limit of reservation price of manufacturer i, i=1, 2 | |
upper limit of reservation price of manufacturer i, i=1, 2 |
Decision variables | |
order quantity (units) | |
selling-price of product j, j=1, 2 ($/unit) | |
selling-price of the bundle product ($/unit) | |
Random variables | |
demand for product j, j=1, 2 (units) | |
demand for the bundle product (units) | |
Parameters | |
manufacturing cost of product j, j=1, 2 ($/unit) | |
holding cost of product j per unit per unit time, j=1, 2 ($/unit/unit time) | |
holding cost of the bundle product per unit per unit time ($/unit/unit time) | |
setup cost per setup of product j, j=1, 2 ($/unit) | |
production rate of product j, j=1, 2 (units) | |
known market size (units) | |
ordering cost per order of the retailer ($/order) | |
inventory of manufacturer i at |
|
inventory of manufacturer i at |
|
expected average profit of manufacturer i, i=1, 2 | |
expected average profit of the retailer | |
time required for maximum inventory of manufacturer i, i=1, 2 | |
cycle time of manufacturer i, i=1, 2 | |
lower limit of reservation price of manufacturer i, i=1, 2 | |
upper limit of reservation price of manufacturer i, i=1, 2 |
Player Market size (units) | Manufacturer 1 |
Manufacturer 2 |
Retailer |
Setup cost ($/setup) |
|||
Holding cost ($/unit/year) |
|||
Production rate (units/year) |
- | ||
Purchasing cost ($/unit) |
- | ||
Reservation interval | [0, 1] | [0.1, 0.9] | [0.1, 0.9] |
-indicates that the parameter is not available for this case. |
Player Market size (units) | Manufacturer 1 |
Manufacturer 2 |
Retailer |
Setup cost ($/setup) |
|||
Holding cost ($/unit/year) |
|||
Production rate (units/year) |
- | ||
Purchasing cost ($/unit) |
- | ||
Reservation interval | [0, 1] | [0.1, 0.9] | [0.1, 0.9] |
-indicates that the parameter is not available for this case. |
Case | |||||||||
1.1 | 1433.14 | 0.63 | 0.53 | 1.33 | 195.39 | 246.92 | 36.37 | - | - |
1.2 | 1433.14 | 0.63 | 0.44 | 1.29 | 195.39 | - | - | - | 294.18 |
2.1 | 1690.88 | 0.63 | 0.53 | 1.33 | 195.18 | 247.15 | 35.90 | - | - |
2.2 | 1690.88 | 0.51 | 0.53 | 1.27 | - | 247.15 | - | 245.87 | - |
-indicates that the average profit is not available for this case. |
Case | |||||||||
1.1 | 1433.14 | 0.63 | 0.53 | 1.33 | 195.39 | 246.92 | 36.37 | - | - |
1.2 | 1433.14 | 0.63 | 0.44 | 1.29 | 195.39 | - | - | - | 294.18 |
2.1 | 1690.88 | 0.63 | 0.53 | 1.33 | 195.18 | 247.15 | 35.90 | - | - |
2.2 | 1690.88 | 0.51 | 0.53 | 1.27 | - | 247.15 | - | 245.87 | - |
-indicates that the average profit is not available for this case. |
Player Market size (units) | Manufacturer 1 |
Manufacturer 2 |
Retailer |
Setup cost ($/setup) |
|||
Holding cost ($/unit/year) |
|||
Production rate (units/year) |
- | ||
Purchasing cost ($/unit) |
- | ||
Reservation interval | [0, 1] | [0.1, 0.9] | [0.1, 0.9] |
-indicates that the parameter is not available for this case. |
Player Market size (units) | Manufacturer 1 |
Manufacturer 2 |
Retailer |
Setup cost ($/setup) |
|||
Holding cost ($/unit/year) |
|||
Production rate (units/year) |
- | ||
Purchasing cost ($/unit) |
- | ||
Reservation interval | [0, 1] | [0.1, 0.9] | [0.1, 0.9] |
-indicates that the parameter is not available for this case. |
Case | |||||||||
1.1 | - | - | |||||||
1.2 | - | - | - | ||||||
2.1 | - | - | |||||||
2.2 | - | - | 16.1458 | - | |||||
-indicates that the average profit is not available for this case. |
Case | |||||||||
1.1 | - | - | |||||||
1.2 | - | - | - | ||||||
2.1 | - | - | |||||||
2.2 | - | - | 16.1458 | - | |||||
-indicates that the average profit is not available for this case. |
Parameter change(in %) | (in %) |
(in %) |
(in %) |
|||
-50% | -52.76 | -52.18 | -59.85 | |||
-25% | -26.38 | -26.09 | -29.93 | |||
+25% | +26.38 | +26.09 | +29.93 | |||
+50% | +52.75 | +52.18 | +59.85 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.99 | -50% | +1.97 | |||
-25% | +0.99 | -25% | +0.98 | |||
+25% | -0.99 | +25% | -0.98 | |||
+50% | -1.98 | +50% | -1.95 | |||
-50% | +2.33 | -50% | +1.42 | |||
-25% | +1.06 | -25% | +1.42 | |||
+25% | -0.94 | +25% | -0.71 | |||
+50% | -1.78 | +50% | -1.42 | |||
-50% | +38.63 | -50% | +22.18 | |||
-25% | +18.54 | -25% | +10.82 | |||
+25% | -17.04 | +25% | -10.29 | |||
+50% | -32.58 | +50% | -20.04 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.25 | -50% | +9.85 | |||
-25% | +0.12 | -25% | +4.93 | |||
+25% | -0.12 | +25% | -4.93 | |||
+50% | -0.25 | +50% | -9.85 |
Parameter change(in %) | (in %) |
(in %) |
(in %) |
|||
-50% | -52.76 | -52.18 | -59.85 | |||
-25% | -26.38 | -26.09 | -29.93 | |||
+25% | +26.38 | +26.09 | +29.93 | |||
+50% | +52.75 | +52.18 | +59.85 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.99 | -50% | +1.97 | |||
-25% | +0.99 | -25% | +0.98 | |||
+25% | -0.99 | +25% | -0.98 | |||
+50% | -1.98 | +50% | -1.95 | |||
-50% | +2.33 | -50% | +1.42 | |||
-25% | +1.06 | -25% | +1.42 | |||
+25% | -0.94 | +25% | -0.71 | |||
+50% | -1.78 | +50% | -1.42 | |||
-50% | +38.63 | -50% | +22.18 | |||
-25% | +18.54 | -25% | +10.82 | |||
+25% | -17.04 | +25% | -10.29 | |||
+50% | -32.58 | +50% | -20.04 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.25 | -50% | +9.85 | |||
-25% | +0.12 | -25% | +4.93 | |||
+25% | -0.12 | +25% | -4.93 | |||
+50% | -0.25 | +50% | -9.85 |
Parameter change(in %) | (in %) |
(in %) |
||||
-50% | -52.15 | -53.04 | ||||
-25% | -26.24 | -26.52 | ||||
+25% | +26.49 | +26.52 | ||||
+50% | +53.18 | +53.04 | ||||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.99 | -50% | +2.04 | |||
-25% | +0.99 | -25% | +1.02 | |||
+25% | -0.99 | +25% | -1.01 | |||
+50% | -1.98 | +50% | -2.02 | |||
-50% | +2.33 | -50% | +1.05 | |||
-25% | +1.06 | -25% | +0.52 | |||
+25% | -0.94 | +25% | -0.52 | |||
+50% | -1.78 | +50% | -1.04 | |||
-50% | +38.63 | -50% | +22.91 | |||
-25% | +18.55 | -25% | +11.18 | |||
+25% | -17.02 | +25% | -10.62 | |||
+50% | -32.52 | +50% | -20.67 |
Parameter change(in %) | (in %) |
(in %) |
||||
-50% | -52.15 | -53.04 | ||||
-25% | -26.24 | -26.52 | ||||
+25% | +26.49 | +26.52 | ||||
+50% | +53.18 | +53.04 | ||||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.99 | -50% | +2.04 | |||
-25% | +0.99 | -25% | +1.02 | |||
+25% | -0.99 | +25% | -1.01 | |||
+50% | -1.98 | +50% | -2.02 | |||
-50% | +2.33 | -50% | +1.05 | |||
-25% | +1.06 | -25% | +0.52 | |||
+25% | -0.94 | +25% | -0.52 | |||
+50% | -1.78 | +50% | -1.04 | |||
-50% | +38.63 | -50% | +22.91 | |||
-25% | +18.55 | -25% | +11.18 | |||
+25% | -17.02 | +25% | -10.62 | |||
+50% | -32.52 | +50% | -20.67 |
Parameters change(in %) | (in %) |
(in %) |
(in %) |
|||
-50% | -53.25 | -52.57 | -61.77 | |||
-25% | -26.62 | -26.28 | -30.89 | |||
+25% | +26.62 | +26.28 | +30.89 | |||
+50% | +53.25 | +52.57 | +61.77 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.21 | -50% | +11.77 | |||
-25% | +0.11 | -25% | +5.89 | |||
+25% | -0.11 | +25% | -5.89 | |||
+50% | -0.21 | +50% | -11.77 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.70 | -50% | +1.96 | |||
-25% | +0.85 | -25% | +0.90 | |||
+25% | -0.84 | +25% | -0.79 | |||
+50% | -1.69 | +50% | -1.50 | |||
-50% | +2.34 | -50% | +1.96 | |||
-25% | +1.17 | -25% | +0.90 | |||
+25% | -1.17 | +25% | -0.79 | |||
+50% | -2.34 | +50% | -1.50 | |||
-50% | +38.76 | -50% | +22.27 | |||
-25% | +18.63 | -25% | +10.86 | |||
+25% | -17.13 | +25% | -10.32 | |||
+50% | -32.76 | +50% | -20.09 |
Parameters change(in %) | (in %) |
(in %) |
(in %) |
|||
-50% | -53.25 | -52.57 | -61.77 | |||
-25% | -26.62 | -26.28 | -30.89 | |||
+25% | +26.62 | +26.28 | +30.89 | |||
+50% | +53.25 | +52.57 | +61.77 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.21 | -50% | +11.77 | |||
-25% | +0.11 | -25% | +5.89 | |||
+25% | -0.11 | +25% | -5.89 | |||
+50% | -0.21 | +50% | -11.77 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.70 | -50% | +1.96 | |||
-25% | +0.85 | -25% | +0.90 | |||
+25% | -0.84 | +25% | -0.79 | |||
+50% | -1.69 | +50% | -1.50 | |||
-50% | +2.34 | -50% | +1.96 | |||
-25% | +1.17 | -25% | +0.90 | |||
+25% | -1.17 | +25% | -0.79 | |||
+50% | -2.34 | +50% | -1.50 | |||
-50% | +38.76 | -50% | +22.27 | |||
-25% | +18.63 | -25% | +10.86 | |||
+25% | -17.13 | +25% | -10.32 | |||
+50% | -32.76 | +50% | -20.09 |
Parameter change(in %) | (in %) |
(in %) |
||||
-50% | -52.57 | -54.30 | ||||
-25% | -26.28 | -27.15 | ||||
+25% | +26.28 | +27.15 | ||||
+50% | +52.57 | +54.30 | ||||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.76 | -50% | +1.96 | |||
-25% | +0.88 | -25% | +0.90 | |||
+25% | -0.88 | +25% | -0.79 | |||
+50% | -1.75 | +50% | -1.50 | |||
-50% | +1.64 | -50% | +1.96 | |||
-25% | +0.82 | -25% | +0.90 | |||
+25% | -0.82 | +25% | -0.79 | |||
+50% | -1.64 | +50% | -1.50 | |||
-50% | +40.31 | -50% | +22.27 | |||
-25% | +19.36 | -25% | +10.86 | |||
+25% | -17.77 | +25% | -10.32 | |||
+50% | -33.95 | +50% | -20.09 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.04 | -50% | +1.72 | |||
-25% | +0.02 | -25% | +0.86 | |||
+25% | -0.02 | +25% | -0.86 | |||
+50% | -0.04 | +50% | -1.72 |
Parameter change(in %) | (in %) |
(in %) |
||||
-50% | -52.57 | -54.30 | ||||
-25% | -26.28 | -27.15 | ||||
+25% | +26.28 | +27.15 | ||||
+50% | +52.57 | +54.30 | ||||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +1.76 | -50% | +1.96 | |||
-25% | +0.88 | -25% | +0.90 | |||
+25% | -0.88 | +25% | -0.79 | |||
+50% | -1.75 | +50% | -1.50 | |||
-50% | +1.64 | -50% | +1.96 | |||
-25% | +0.82 | -25% | +0.90 | |||
+25% | -0.82 | +25% | -0.79 | |||
+50% | -1.64 | +50% | -1.50 | |||
-50% | +40.31 | -50% | +22.27 | |||
-25% | +19.36 | -25% | +10.86 | |||
+25% | -17.77 | +25% | -10.32 | |||
+50% | -33.95 | +50% | -20.09 | |||
Parameter change(in %) | (in %) |
Parameter change(in %) | (in %) |
|||
-50% | +0.04 | -50% | +1.72 | |||
-25% | +0.02 | -25% | +0.86 | |||
+25% | -0.02 | +25% | -0.86 | |||
+50% | -0.04 | +50% | -1.72 |
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