Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract
In this paper, the strategy problems of pricing and store-assistance service investment are investigated for a supply chain with consumer return, where the considered supply chain under consignment contract consists of a single manufacturer and a single retailer. Firstly, we use differential equatio...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2017-01-01
|
Series: | Mathematical Problems in Engineering |
Online Access: | http://dx.doi.org/10.1155/2017/4937217 |
id |
doaj-81566c7203764e419ae2523e0c8d41a6 |
---|---|
record_format |
Article |
spelling |
doaj-81566c7203764e419ae2523e0c8d41a62020-11-24T22:15:21ZengHindawi LimitedMathematical Problems in Engineering1024-123X1563-51472017-01-01201710.1155/2017/49372174937217Store-Assistance Management for a Supply Chain with Consumer Return under Consignment ContractZhihui Wu0Dongyan Chen1Hui Yu2School of Management, Harbin University of Science and Technology, Harbin 150080, ChinaSchool of Management, Harbin University of Science and Technology, Harbin 150080, ChinaSchool of Management, Harbin University of Science and Technology, Harbin 150080, ChinaIn this paper, the strategy problems of pricing and store-assistance service investment are investigated for a supply chain with consumer return, where the considered supply chain under consignment contract consists of a single manufacturer and a single retailer. Firstly, we use differential equation to model the evolution of store-assistance service level and depict the effect of store-assistance service level on the return rate. By applying two-stage game, both optimal pricing and store-assistance service strategies are obtained based on the presented optimal control model. Subsequently, the committed dynamic consignment price contract is designed to coordinate and improve the performance of supply chain. Finally, a numerical example is provided to illustrate the impacts of the effectiveness of store-assistance service level and decay rate on the feasible region of corresponding contract.http://dx.doi.org/10.1155/2017/4937217 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Zhihui Wu Dongyan Chen Hui Yu |
spellingShingle |
Zhihui Wu Dongyan Chen Hui Yu Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract Mathematical Problems in Engineering |
author_facet |
Zhihui Wu Dongyan Chen Hui Yu |
author_sort |
Zhihui Wu |
title |
Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract |
title_short |
Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract |
title_full |
Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract |
title_fullStr |
Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract |
title_full_unstemmed |
Store-Assistance Management for a Supply Chain with Consumer Return under Consignment Contract |
title_sort |
store-assistance management for a supply chain with consumer return under consignment contract |
publisher |
Hindawi Limited |
series |
Mathematical Problems in Engineering |
issn |
1024-123X 1563-5147 |
publishDate |
2017-01-01 |
description |
In this paper, the strategy problems of pricing and store-assistance service investment are investigated for a supply chain with consumer return, where the considered supply chain under consignment contract consists of a single manufacturer and a single retailer. Firstly, we use differential equation to model the evolution of store-assistance service level and depict the effect of store-assistance service level on the return rate. By applying two-stage game, both optimal pricing and store-assistance service strategies are obtained based on the presented optimal control model. Subsequently, the committed dynamic consignment price contract is designed to coordinate and improve the performance of supply chain. Finally, a numerical example is provided to illustrate the impacts of the effectiveness of store-assistance service level and decay rate on the feasible region of corresponding contract. |
url |
http://dx.doi.org/10.1155/2017/4937217 |
work_keys_str_mv |
AT zhihuiwu storeassistancemanagementforasupplychainwithconsumerreturnunderconsignmentcontract AT dongyanchen storeassistancemanagementforasupplychainwithconsumerreturnunderconsignmentcontract AT huiyu storeassistancemanagementforasupplychainwithconsumerreturnunderconsignmentcontract |
_version_ |
1725794710176399360 |