scholarly journals Research on Order Decision of Quantity Flexibility Contract under the Competition between Multiple Suppliers and Multiple Retailers

2018 ◽  
Vol 08 (09) ◽  
pp. 1879-1892
Author(s):  
Cheng Qian ◽  
Yanan Tao ◽  
Zhilin Qin
Mathematics ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 586
Author(s):  
Wei Liu ◽  
Shiji Song ◽  
Ying Qiao ◽  
Han Zhao

This paper studies the supply chain coordination where the retailer is loss-averse, and a combined buyback and quantity flexibility contract is introduced. The loss-averse retailer’s objective is to maximize the Conditional Value-at-Risk of utility. It is shown the combined contract can coordinate the chain and a unique coordinating wholesale price exists if the confidence level is below a threshold. Moreover, the retailer’s optimal order quantity, expected utility and coordinating wholesale price are decreasing in loss aversion and confidence levels, respectively. We also find that when the contract parameters are restricted, the combined contract may coordinate the supply chain even though neither of its component contracts coordinate the chain.


2016 ◽  
Vol 179 ◽  
pp. 273-284 ◽  
Author(s):  
Xin Li ◽  
Zhaotong Lian ◽  
Kwee Keong Choong ◽  
Xiaoming Liu

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