A Closed-Loop Supply Chain Equilibrium Model with Random and Price-Sensitive Demand and Return

被引：0
作者：
Younes Hamdouch
Qiang Patrick Qiang
Kilani Ghoudi
机构：
[1] United Arab Emirates University,Department of Business Administration
[2] The Pennsylvania State University,School of Graduate Professional Studies
[3] United Arab Emirates University,Department of Statistics
来源：
Networks and Spatial Economics | 2017年 / 17卷
关键词：
Closed-loop supply chain; Network equilibrium; Variational inequality; Random demand; Random return;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This paper proposes a decentralized closed-loop supply chain network model consisting of raw material suppliers, manufacturers, retailers, and recovery centers. We assume that the demands for the product and the corresponding returns are random and price-sensitive. Retailers and recovery centers face penalties associated with shortage demand and supply, respectively. We derive the optimality conditions of the various decision-makers, and establish that the governing equilibrium conditions can be formulated as a finite-dimensional variational inequality problem. The qualitative properties of the solution to the variational inequality are discussed. Numerical examples are provided to illustrate the effects of demand and return uncertainties on quantity shipments and prices.
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页码：459 / 503
页数：44
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