Remanufacturing and pricing decisions with random yield and random demand

2015 ◽  
Vol 54 ◽  
pp. 195-203 ◽  
Author(s):  
Xiang Li ◽  
Yongjian Li ◽  
Xiaoqiang Cai
Keyword(s):  
Random Yield ◽  
Random Demand ◽  
Pricing Decisions

On coordination under random yield and random demand

2013 ◽  
Vol 40 (9) ◽  
pp. 3688-3695 ◽  
Author(s):  
M. Güray Güler ◽  
M. Emre Keski˙n
Keyword(s):  
Random Yield ◽  
Random Demand

scholarly journals Production and Financing Strategies of a Distribution Channel under Random Yield and Random Demand

2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
Li Shen ◽  
Liying Li ◽  
Xiaobing Li
Keyword(s):  
Stackelberg Game ◽  
Distribution Channel ◽  
Revenue Sharing ◽  
Bank Credit ◽  
Channel Coordination ◽  
Random Yield ◽  
Random Demand ◽  
Equilibrium Strategies ◽  
Advance Payment ◽  
Credit Financing

This study considers a distribution channel consisting of a manufacturer with capital constraint and uncertain yield and a retailer that faces random demand. To maintain production, the manufacturer can either (1) avail bank credit financing from a perfectly competitive market or (2) request advance payment from the retailer. First, we establish two Stackelberg game models under bank credit financing (BCF) and advance payment mechanism (APM). By comparing the equilibrium strategies of the two financing models and the optimal profits of channel members, we conclude that APM is more advantageous than BCF in terms of improving channel performance. Second, we design a revenue sharing (RS) contract based on APM to achieve channel coordination. Finally, numerical analysis is presented to verify the conclusions obtained in this study.

Supply management in assembly systems with random yield and random demand

2000 ◽  
Vol 32 (8) ◽  
pp. 701-714 ◽  
Author(s):  
HARESH GURNANI ◽  
RAM AKELLA ◽  
JOHN LEHOCZKY
Keyword(s):  
Supply Management ◽  
Assembly Systems ◽  
Random Yield ◽  
Random Demand
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