Fair profit distribution in multi-echelon supply chains via transfer prices

The total profit maximisation of a supply chain may result in an uneven and impractical profit distribution among the members. This work addresses the fair profit distribution within a multi-echelon supply chain using transfer prices. A mixed integer linear programming (MILP) model framework is prop...

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Bibliographic Details
Main Authors: Liu, S. (Author), Papageorgiou, L.G (Author)
Format: Article
Language:English
Published: Elsevier Ltd 2018
Subjects:
Online Access:View Fulltext in Publisher