Title: Study on Pricing Decision and Contract Consideration of Closed-Loop Supply Chain with Differential Price
Abstract: In this paper,the problems of the differential pricing strategies and contract consideration of the closed-loop supply chain(CLSC)about retailer recycling mode are studied by using game theory,based on the difference between sales price of remanufactured products and new products,and difference of the recycling price of waste products.It analyzes the decentralized and centralized pricing models,and obtains the optimal pricing strategy and the optimal profit of the members of CLSC.It finds out that there is efficiency loss in decentralized CLSC.Therefore,an improved franchise contract is applied for the coordination of CLSC.The results show that the improved franchise contract can also be able to solve double marginalization problem and achieve perfect coordination of CLSC under differential pricing.Finally,numerical examples are given to illustrate the effectiveness and correctiveness of the models.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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Cited By Count: 2
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