scholarly journals Pricing Decisions in a Competitive Closed-Loop Supply Chain with Duopolistic Recyclers

2020 ◽  
Vol 2020 ◽  
pp. 1-22 ◽  
Author(s):  
Doo Ho Lee
Keyword(s):  
Supply Chain ◽  
Numerical Experiment ◽  
End Of Life ◽  
Price Competition ◽  
Closed Loop ◽  
Game Model ◽  
New Materials ◽  
Closed Loop Supply Chain ◽  
Pricing Decisions ◽  
Equilibrium Prices

In this study, we consider a three-echelon closed-loop supply chain consisting of a manufacturer, a collector, and two duopolistic recyclers. In the supply chain, the collector collects end-of-life products from consumers in the market. Then, both recyclers purchase the recyclable waste from the collector, and each recycler turns them into new materials. The manufacturer has no recycling facilities; therefore, the manufacturer only purchases the recycled and new materials for its production from the two recyclers. Under this scenario, price competition between recyclers is inevitable. With two pricing structures (Nash and Stackelberg) of the leaders group and three competition behaviors (Collusion, Cournot, and Stackelberg) of the followers group, we suggest six different pricing game models. In each of them, we establish a pricing game model among the members, prove the uniqueness of the equilibrium prices of the supply chain members, and discuss the effects of competition on the overall supply chain’s profitability. Our numerical experiment indicates that as the price competition between recyclers intensifies, the supply chain profitability decreases. Moreover, the greater the recyclability degree of the waste is, the higher the profits in the supply chain become.

Reward-penalty mechanism in a closed-loop supply chain with sequential manufacturers' price competition

2017 ◽  
Vol 168 ◽  
pp. 118-130 ◽  
Author(s):  
Wenbin Wang ◽  
Lingling Fan ◽  
Peng Ma ◽  
Peng Zhang ◽  
Zhenye Lu
Keyword(s):  
Supply Chain ◽  
Price Competition ◽  
Closed Loop ◽  
Closed Loop Supply Chain

scholarly journals Controlling Waste and Carbon Emission for a Sustainable Closed-Loop Supply Chain Management under a Cap-and-Trade Strategy

Mathematics ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 466 ◽  
Author(s):  
Mowmita Mishra ◽  
Soumya Kanti Hota ◽  
Santanu Kumar Ghosh ◽  
Biswajit Sarkar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
End Of Life ◽  
Carbon Emission ◽  
Closed Loop ◽  
Emission Trading ◽  
Third Party ◽  
Closed Loop Supply Chain ◽  
Chain Management ◽  
Carbon Emission Trading

Considering the increasing number of end-of-life goods in the context of improving the ambience and health of a population and their destructive impacts, recycling strategies are important for industries and organizations. In this article, a closed-loop supply chain management containing a single manufacturer, a single retailer, and a third party is introduced in which the manufacturer first propagates newly finished goods and then dispatches some of the finished goods to the retailer considering a single-setup multi-delivery policy. Due to shipping, carbon emission is taken into account as well as a carbon emission trading mechanism to curb the amount of carbon emissions by the retailer. For recycling through collection, inspection, remanufacturing, and landfill, the third party collects the end-of-life goods from its customers and ships perfect products to the manufacturer after a two-stage inspection. In this model, major sources of emissions such as shipping, replenishment orders, and inventory have been taken care of. The minimizing of the total cost relating to the container capacity, shipment numbers, and replenishment cycle length is the main objective of the closed-loop supply chain management for making the system more profitable. Expository numerical explorations, analysis, and graphic representations are conferred to elucidate this model, and it is observed that this model saves some percentage of the cost compared to the existing literature.

scholarly journals Retail Services and Pricing Decisions in a Closed-Loop Supply Chain with Remanufacturing

2015 ◽  
Vol 7 (3) ◽  
pp. 2373-2396 ◽  
Author(s):  
Zhen-Zheng Zhang ◽  
Zong-Jun Wang ◽  
Li-Wen Liu
Keyword(s):  
Supply Chain ◽  
Closed Loop ◽  
Closed Loop Supply Chain ◽  
Pricing Decisions ◽  
Retail Services

scholarly journals Pricing Decisions of a Dual-Channel Closed-Loop Supply Chain under Uncertain Demand of Indirect Channel

2016 ◽  
Vol 2016 ◽  
pp. 1-13 ◽  
Author(s):  
Jie Gao ◽  
Xiong Wang ◽  
Qiuling Yang ◽  
Qin Zhong
Keyword(s):  
Supply Chain ◽  
Closed Loop ◽  
Stackelberg Game ◽  
Uncertain Demand ◽  
Direct Channel ◽  
Closed Loop Supply Chain ◽  
Pricing Decisions ◽  
Dual Channel ◽  
Decentralized Decision Making ◽  
The Impact

The dual-channel closed-loop supply chain (CLSC) which is composed of one manufacturer and one retailer under uncertain demand of an indirect channel is constructed. In this paper, we establish three pricing models under decentralized decision making, namely, the Nash game between the manufacturer and the retailer, the manufacturer-Stackelberg game, and the retailer-Stackelberg game, to investigate pricing decisions of the CLSC in which the manufacturer uses the direct channel and indirect channel to sell products and entrusts the retailer to collect the used products. We numerically analyze the impact of customer acceptance of the direct channel (θ) on pricing decisions and excepted profits of the CLSC. The results show that when the variableθchanges in a certain range, the wholesale price, retail price, and expected profits of the retailer all decrease whenθincreases, while the direct online sales price and manufacturer’s expected profits in the retailer-Stackelberg game all increase whenθincreases. However, the optimal recycling transfer price and optimal acquisition price of used product are unaffected byθ.

scholarly journals Competition and Integration in Closed-Loop Supply Chain Network with Variational Inequality

2012 ◽  
Vol 2012 ◽  
pp. 1-21 ◽  
Author(s):  
Gengui Zhou ◽  
Yuxiang Yang ◽  
Jian Cao
Keyword(s):  
Supply Chain ◽  
Variational Inequality ◽  
End Of Life ◽  
Closed Loop ◽  
New Products ◽  
Horizontal Merger ◽  
Supply Chain Network ◽  
Closed Loop Supply Chain ◽  
Production Quantity ◽  
And Storage

A closed-loop supply chain network involves the manufactured and remanufactured homogeneous products. It comprises operation links to represent business activities including manufacturing/remanufacturing activities, treatment activities for EOL products, transportation activities, and storage activities, which are performed by the firms. Among all closed-loop supply chain problems, the horizontal merger of oligopolistic firms is so important and attracting to both businessman and researchers. In this paper, the interaction of the competitive firms prior to horizontal merger is analyzed. Three networks including prior to horizontal merger, postpartial merger, and complete merger are studied. Simultaneously, three economical models for these networks on different conditions of mergers are established and discussed. The variational inequality formulations are used for these three models, whose solutions give out the production quantity of new products, and remanufactured products, the product flows for new products, remanufactured products and end-of-life products at every path, the demand quantity, the recovery quantity of end-of-life products and the equilibrium prices. Finally, numerical examples are tested and illustrated for the proposed models.

Coordinating economic incentives, customer service and pricing decisions in a competitive closed-loop supply chain

2020 ◽  
Vol 255 ◽  
pp. 120241 ◽  
Author(s):  
Seyyed-Mahdi Hosseini-Motlagh ◽  
Mina Nouri-Harzvili ◽  
Maryam Johari ◽  
Bhaba R. Sarker
Keyword(s):  
Supply Chain ◽  
Customer Service ◽  
Closed Loop ◽  
Economic Incentives ◽  
Closed Loop Supply Chain ◽  
Pricing Decisions
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