A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Game Analysis and Coordination of a Closed-Loop Supply Chain: Perspective of Components Reuse Strategy
This paper studies a closed-loop supply chain that covers three key members: Manufacturer, new components supplier, and recycled-components supplier. Considering the power of each member in the chain, we use game theory to analyze the optimal decision and coordination, particularly investigating the economic value of components reuse strategy. The results show that, in a decentralized setting, the value of components reuse highly depends on the attributes of the products. For the products with low price elasticity, reuse strategy is only beneficial to the recycled-components suppliers. Further investigation shows the manufacturer can use wholesale price contracts to coordinate and improve the supply chain’s performance.
Game Analysis and Coordination of a Closed-Loop Supply Chain: Perspective of Components Reuse Strategy
This paper studies a closed-loop supply chain that covers three key members: Manufacturer, new components supplier, and recycled-components supplier. Considering the power of each member in the chain, we use game theory to analyze the optimal decision and coordination, particularly investigating the economic value of components reuse strategy. The results show that, in a decentralized setting, the value of components reuse highly depends on the attributes of the products. For the products with low price elasticity, reuse strategy is only beneficial to the recycled-components suppliers. Further investigation shows the manufacturer can use wholesale price contracts to coordinate and improve the supply chain’s performance.
Game Analysis and Coordination of a Closed-Loop Supply Chain: Perspective of Components Reuse Strategy
Xiaomin Zhao (author) / Xueli Bai (author) / Zhihui Fan (author) / Ting Liu (author)
2020
Article (Journal)
Electronic Resource
Unknown
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