期刊
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
卷 139, 期 1, 页码 106-115出版社
ELSEVIER
DOI: 10.1016/j.ijpe.2011.04.021
关键词
Multi-echelon; Uncertainty; Returns policy; Risk aversion; Coordination
资金
- Natural Science and Engineering Research Council of Canada [312572-05]
- National Natural Science Foundation of China [71001025]
- Program for New Century Excellent Talents in University
- Ph.D. Programs Foundation of the Ministry of Education of China [200802861030]
The main purpose of this paper is to study the inventory, production, and contracting decisions of a multi-echelon supply chain with both demand and supply uncertainty. We find that the commonly used wholesale price contracts used by both up-stream and downstream supply-chain members cannot coordinate the system. We then propose a returns policy used by the manufacturer and the retailer, combined with the wholesale price contract used by the raw-material supplier and the manufacturer, which can perfectly coordinate the supply chain. Through Nash bargaining analysis, we further provide contract terms that lead to win-win situation. We also investigate the impact of the supplier's risk attitude on the decisions, as well as the impact of spot market price for raw material on the performance of the entire supply chain. (C) 2011 Elsevier B.V. All rights reserved.
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