scholarly journals The Impact of RFID Investment on Complex Product in Three-Level Assembly Supply Chain

2013 ◽  
Vol 2013 ◽  
pp. 1-11 ◽  
Author(s):  
Wei Xu ◽  
Zhaotong Lian ◽  
Xifan Yao
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Supply Chain Coordination ◽  
Stackelberg Games ◽  
Optimal Decision ◽  
Chain Model ◽  
Complex Product ◽  
Coordination Model ◽  
Technology Investment ◽  
The Impact

Motivated by the complex product with the feature about error-prone assembly system and supply chain inventory inaccuracy, this paper elaborates on the impact of information technology investment on complex product by establishing a three-stage supply chain model involving two suppliers, one manufacturer, and retailer which carried out Stackelberg games. In addition, it not only compares the manufacturer and the retailer’s optimal decision and maximum profit under the situation of the information asymmetry and free information sharing, but also analyzes their market behavior and changes in market performance. Meanwhile, it points out that the downstream in supply chain masters more information about market demands compared to the upstream one. The optimal cost threshold values of technology investment are also examined both for the centralized and the decentralized scenarios utilizing quantitative and modeling methods. By analyzing and comparing the optimal profit with or without investment on information technology, it establishes a supply chain coordination model which boosts the application of information technology. At the same time, it offers the conditions on which the upstream and downstream enterprises can coordinate with one another. The results of this paper have contributed significantly to making the price and ordering decisions on whether RFID should be adopted among members of the supply chain. Finally, we present numerical analyses, and several extensions of the model are considered as well.

Sustainable municipal solid waste disposal supply chain analysis under price-sensitive demand: A game theory approach

2019 ◽  
Vol 38 (3) ◽  
pp. 300-311
Author(s):  
Iman Ghalehkhondabi ◽  
Reza Maihami
Keyword(s):  
Supply Chain ◽  
Waste Disposal ◽  
Integrated Management ◽  
Stackelberg Games ◽  
Optimal Decision ◽  
Theory Approach ◽  
Solid Waste Disposal ◽  
Power Structures ◽  
Disposal Facility ◽  
The Impact

The impacts of price and sustainability on municipal waste disposal demand have largely been ignored by waste management researchers. This paper considers a waste disposal supply chain that includes a disposal facility and a contractor. Both parties try to improve source sorting for waste collection to reduce the recycling cost at the disposal facility. Improving source sorting requires investment that would increase the price of the waste disposal service, thereby affecting the price-sensitive demand. The relationship between the service price and investments in waste sorting motives is analyzed in this paper via studying the trade-off between the optimal source sorting and the waste disposal service prices. Different scenarios based on the various players’ power structures are developed. Nash and Stackelberg games have been applied in order to find the optimal decision values in each scenario. The impact of cost sharing on optimal supply chain decisions is also studied. The numerical results show that the waste supply chain is more profitable when it is working under an integrated management structure. Moreover, reducing the required investment motivates supply chain players to select higher levels of waste sorting at the source. A numerical example is provided, followed by some managerial insights.

scholarly journals Research on the supply chain model based on the differentiation of green agricultural products

2018 ◽  
Vol 232 ◽  
pp. 02012
Author(s):  
Hui Su ◽  
Yuquan Cui ◽  
Bingjie Liu
Keyword(s):  
Supply Chain ◽  
Utility Function ◽  
Stackelberg Game ◽  
Supply Chain Coordination ◽  
Wholesale Price ◽  
Agricultural Products ◽  
Coordination Mechanism ◽  
Optimal Decision ◽  
Quality Level ◽  
Chain Model

This paper studies the supply chain of green agricultural products with "agricultural super docking" mode based on the different management. The "agricultural super docking" mode is a direct connection between supermarkets and farmers (or cooperatives), what the supermarket needs and what the farmers produce. The green degree is used to indicate the quality level of health, safety and nutrition of agricultural products. The greater the green degree is, the better the quality of agricultural products is. In order to meet the needs of all consumers, the supermarket decide to carry out different management. That is to say, supermarket sells ordinary agricultural products and green agricultural products at the same time. This paper gives the consumer utility function for ordinary agricultural products and green agricultural products separately. We analyze the consumers’ choice behaviors based on the consumer utility function .We discuss the optimal decision of supermarket choosing one farmer and supermarket choosing two farmers based on Stackelberg game. It can be seen from the comparison that supermarket can get more profits when it chooses two farmer to order separately. Finally, a "wholesale price + ordering subsidy" coordination mechanism is proposed to realize supply chain coordination. .

Impact of pricing structure on supply chain coordination with cooperative advertising

2020 ◽  
Vol 54 (6) ◽  
pp. 1613-1629
Author(s):  
Seyed Jafar Sadjadi ◽  
Amin Alirezaee
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Optimal Decision ◽  
Theoretic Model ◽  
Cooperative Advertising ◽  
Decision Variables ◽  
Retail Prices ◽  
Potential Demand ◽  
Game Theoretic ◽  
The Impact

This paper develops a game-theoretic model in a two-echelon supply chain composed of one manufacturer and two retailers to study the effect of pricing structure and cooperative-advertising decisions on the supply chain coordination performance. In the proposed model, different pricing structures are analyzed and then, two types of pricing structure in supply chain coordination mechanisms are presented, in addition to considering four possible scenarios for pricing structure. For the first two scenarios, retailers determine the retail prices, while in the other two ones, the sales price is set by the manufacturer. Therefore, the retailers are obliged to comply with this rule. The manufacturer-Stackelberg and the cooperative games are formulated for each scenario by considering key assumptions associated with advertising expenditures to maintain the potential demand size. This paper also presents some analytical results and determines the equilibrium of the models for each scenario. Finally, a numerical analysis is conducted to illustrate the impact of pricing structure on the optimal decision variables and the profit of the supply chain members.

scholarly journals A Technical and Business Perspective on Wireless Sensor Network for Manufacturing Execution System

2015 ◽  
Vol 2015 ◽  
pp. 1-15 ◽  
Author(s):  
Wei Xu ◽  
Zhixin Yang ◽  
Xianbo Wang
Keyword(s):  
Supply Chain ◽  
Wireless Sensor Network ◽  
Sensor Network ◽  
Wireless Sensor ◽  
Stackelberg Games ◽  
Chain Model ◽  
Manufacturing Execution System ◽  
Business Perspective ◽  
The Impact ◽  
Manufacturing Execution

Motivated by the complex production management with difficulties in error-prone assembly system and inaccurate supply chain inventory, this paper designs a novel manufacturing execution system (MES) architecture for intelligent monitoring based on wireless sensor network (WSN). The technical perspective includes analysis on the proposed manufacturing resource mutual inductance method under active sensing network, appreciation technology of multisource information, and dynamic optimization technology for manufacturing execution processes. From business perspective, this paper elaborates the impact of RFID investment on complex product by establishing a three-stage supply chain model that involves two suppliers carrying out Stackelberg games (manufacturer and retailer). The optimal cost threshold values of technology investment are examined for both the centralized and the decentralized scenarios utilizing quantitative modeling methods. By analyzing and comparing the optimal profit with or without investment on WSN, this paper establishes a supply chain coordination and boosting model. The results of this paper have contributed significantly for one to make decision on whether RFID should be adopted among its members in supply chain. The system performance and model extension are verified via numerical analyses.

scholarly journals The impact for retailer’s policy in supply chain system under trade credit and quantity discounts

2020 ◽  
Author(s):  
Tien-Yu Lin ◽  
Ying-Chun Li
Keyword(s):  
Supply Chain ◽  
Trade Credit ◽  
Supply Chain Coordination ◽  
Optimal Solution ◽  
Chain Model ◽  
Quantity Discounts ◽  
Setup Cost ◽  
Supply Chain System ◽  
Coordination Systems ◽  
The Impact

This paper develops a powerful retailer inventory model under trade credit and quantity discounts in which the retailer’s order quantity is calculated for each setup and shipped in equal lots over multiple deliveries. Furthermore, the trade credit condition is that the retailer must make partial payments in cash for a given number of sub-shipments, with the remaining balance paid in trade credit time that expires after the inventory is depleted. This integrated powerful retailer supply chain model has not yet been discussed in previous supply chain coordination systems literature. We propose an annual total cost function and properties and develop theorems to illustrate that a unique optimal solution minimizes the relevant cost per year. We also develop an efficient algorithm to determine the optimal set of the replenishment time and the number of shipments. Numerical examples are provided to demonstrate the proposed model and algorithm. A sensitivity analysis is explored to examine the effects of four important parameters (i.e., setup cost, unit holding cost, interest rate, and receiving cost) on the optimal strategy. Finally, managerial insights are drawn

scholarly journals Coordinated Vendor-Buyer Supply Chain Model With Transportation Cost Under Diesel Price Uncertainty

2021 ◽  
Author(s):  
Amanpreet Singh Pabla
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Transportation Cost ◽  
Optimal Order ◽  
Chain Model ◽  
Price Uncertainty ◽  
Setup Cost ◽  
Coordination Model ◽  
Size Number ◽  
Multiple Variables

This project focuses on supply chain coordination model between vendor and buyer with emphasis on transportation cost. The objective is to minimize the supply chain cost which comprises of order cost, setup cost, vendor holding, buyer holding, shortage cost and finally transportation cost. The model developed in this project determines the optimal order size, number of shipments, and reorder point while simultaneously accounting for the uncertainties in diesel price. Uncertainty in price of diesel is also developed using mean reverting process. To date, the impacts diesel price uncertainty and transportation cost in the supply chain policy is not very well known. This report provides an analysis by altering the multiple variables impacting transportation costs such as the truck type, feature, environmental condition, route, weight and driving style. This analysis demonstrates how changes in truck variables impact the expected total cost thereby making it extremely critical for corporations to mitigate costs strategically.

scholarly journals Research on Supply Chain Coordination Based on Block Chain Technology and Customer Random Demand

2019 ◽  
Vol 2019 ◽  
pp. 1-10 ◽  
Author(s):  
Yongfei Li ◽  
Bill Wang ◽  
Dong Yang
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Revenue Sharing ◽  
Disruptive Innovation ◽  
Noncooperative Game ◽  
Optimal Decision ◽  
Future Research ◽  
Random Demand ◽  
Coordination Model ◽  
Block Chain

Based on disruptive innovation and Stackelberg noncooperative game theory, the paper focuses on supply chain coordination under the combined effects of block chain technology and random demand. Firstly, both a decentralized and a centralized supply chain decision models are built in a single-cycle newsvendor random demand situation. Then, through revenue sharing contract the study designs a brand-new supply chain coordination model which is Del trust, decentralized, and traded anonymously. Furthermore, the numerical comparative analysis on the optimal decision and supply chain coordination are conducted. It is found that the whole supply chain revenue can achieve and even beyond the performance level of the centralized supply chain with effectively expanding sales market and reducing supply chain risk. When the retail price is stable and supply chain is coordinated with revenue sharing mechanism, decentralized supply chain can achieve minimum optimal revenue. Coordination results have effect on short-term revenues of block chain members only. Implications and suggestions for future research in supply chain coordination are provided.

scholarly journals Coordinated Vendor-Buyer Supply Chain Model With Transportation Cost Under Diesel Price Uncertainty

2021 ◽  
Author(s):  
Amanpreet Singh Pabla
Keyword(s):  
Supply Chain ◽  
Supply Chain Coordination ◽  
Transportation Cost ◽  
Optimal Order ◽  
Chain Model ◽  
Price Uncertainty ◽  
Setup Cost ◽  
Coordination Model ◽  
Size Number ◽  
Multiple Variables

This project focuses on supply chain coordination model between vendor and buyer with emphasis on transportation cost. The objective is to minimize the supply chain cost which comprises of order cost, setup cost, vendor holding, buyer holding, shortage cost and finally transportation cost. The model developed in this project determines the optimal order size, number of shipments, and reorder point while simultaneously accounting for the uncertainties in diesel price. Uncertainty in price of diesel is also developed using mean reverting process. To date, the impacts diesel price uncertainty and transportation cost in the supply chain policy is not very well known. This report provides an analysis by altering the multiple variables impacting transportation costs such as the truck type, feature, environmental condition, route, weight and driving style. This analysis demonstrates how changes in truck variables impact the expected total cost thereby making it extremely critical for corporations to mitigate costs strategically.

scholarly journals Dynamic Adjustment Mechanism and Differential Game Model Construction of Mask Emergency Supply Chain Cooperation Based on COVID-19 Outbreak

2021 ◽  
Vol 13 (3) ◽  
pp. 1115
Author(s):  
Shufan Zhu ◽  
Kefan Xie ◽  
Ping Gui
Keyword(s):  
Supply Chain ◽  
Differential Game ◽  
Production Technology ◽  
Wholesale Price ◽  
Transfer Payment ◽  
Dynamic Adjustment ◽  
Supply Chain System ◽  
Government Subsidies ◽  
Technology Investment ◽  
The Impact

Incorporating the impact of the COVID-19 pandemic on the mask supply chain into our framework and taking mask output as a state variable, our study introduces the differential game to study the long-term dynamic cooperation of a two-echelon supply chain composed of the supplier and the manufacturer under government subsidies. The study elaborates that government subsidies can provide more effective incentives for supply chain members to cooperate in the production of masks compared with the situation of no government subsidies. A relatively low wholesale price can effectively increase the profits of supply chain members and the supply chain system. The joint contract of two-way cost-sharing contract and transfer payment contract can promote production technology investment efforts of the supply chain members, the optimum trajectory of mask production, and total profit to reach the best state as the centralized decision scenario within a certain range. Meanwhile, it is determined that the profits of supply chain members in the joint contract can be Pareto improvement compared with decentralized decision scenario. With the increase of production technology investment cost coefficients and output self-decay rate, mask outputs have shown a downward trend in the joint contract decision model. On the contrary, mask outputs would rise with growing sensitivity of mask output to production technology investment effort and increasing sensitivity of mask demand to mask output.

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