A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition
We investigate a durable product retailing and recycling problem in a closed-loop supply chain consisting of a single manufacturer and two competitive retailers, in which the manufacturer collects used products via retailers from the consumers and has sufficient channel power over the retailers to a...
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| Format: | Article |
| Language: | English |
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Wiley
2014-01-01
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| Series: | Abstract and Applied Analysis |
| Online Access: | http://dx.doi.org/10.1155/2014/509825 |
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| author | Chuanchao Xu Bo Li Yanfei Lan Yi Tang |
| author_facet | Chuanchao Xu Bo Li Yanfei Lan Yi Tang |
| author_sort | Chuanchao Xu |
| collection | DOAJ |
| description | We investigate a durable product retailing and recycling problem in a closed-loop supply chain consisting of a single manufacturer and two competitive retailers, in which the manufacturer collects used products via retailers from the consumers and has sufficient channel power over the retailers to act as a Stackelberg leader; the retailers compete in retail products and recycling used products. In order to analyze the impact of retailing and recycling competitions on the profits of the manufacturer and the competitive retailers, two collection models (coordinated collection (Model C) and decentralized collection (Model D)) are established, respectively. Then, based on game theory, we derive the optimal retail price, the optimal repurchase price, and the optimal profits of the manufacturer and the retailers. The managerial insights demonstrate that more intense retailing competition induces the increase of the manufacturer's profits in both forward and reverse channels and retailers' profits in the forward channel and the decrease of retailers' profits in the reverse channel, while more intense recycling competition induces the decrease of the profits of the manufacturer and retailers in both forward and reverse channels. Finally, numerical examples are given to illustrate the effectiveness of the proposed models. |
| format | Article |
| id | doaj-art-92d833f4ecbe478fbfc2c2781530769a |
| institution | Kabale University |
| issn | 1085-3375 1687-0409 |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Abstract and Applied Analysis |
| spelling | doaj-art-92d833f4ecbe478fbfc2c2781530769a2025-02-03T05:49:36ZengWileyAbstract and Applied Analysis1085-33751687-04092014-01-01201410.1155/2014/509825509825A Closed-Loop Supply Chain Problem with Retailing and Recycling CompetitionChuanchao Xu0Bo Li1Yanfei Lan2Yi Tang3College of Management & Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management & Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management & Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management & Economics, Tianjin University, Tianjin 300072, ChinaWe investigate a durable product retailing and recycling problem in a closed-loop supply chain consisting of a single manufacturer and two competitive retailers, in which the manufacturer collects used products via retailers from the consumers and has sufficient channel power over the retailers to act as a Stackelberg leader; the retailers compete in retail products and recycling used products. In order to analyze the impact of retailing and recycling competitions on the profits of the manufacturer and the competitive retailers, two collection models (coordinated collection (Model C) and decentralized collection (Model D)) are established, respectively. Then, based on game theory, we derive the optimal retail price, the optimal repurchase price, and the optimal profits of the manufacturer and the retailers. The managerial insights demonstrate that more intense retailing competition induces the increase of the manufacturer's profits in both forward and reverse channels and retailers' profits in the forward channel and the decrease of retailers' profits in the reverse channel, while more intense recycling competition induces the decrease of the profits of the manufacturer and retailers in both forward and reverse channels. Finally, numerical examples are given to illustrate the effectiveness of the proposed models.http://dx.doi.org/10.1155/2014/509825 |
| spellingShingle | Chuanchao Xu Bo Li Yanfei Lan Yi Tang A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition Abstract and Applied Analysis |
| title | A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition |
| title_full | A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition |
| title_fullStr | A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition |
| title_full_unstemmed | A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition |
| title_short | A Closed-Loop Supply Chain Problem with Retailing and Recycling Competition |
| title_sort | closed loop supply chain problem with retailing and recycling competition |
| url | http://dx.doi.org/10.1155/2014/509825 |
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