Supply chain coordination under stock- and price-dependent selling rates under declining market (Q666424)
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scientific article; zbMATH DE number 6013021
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| English | Supply chain coordination under stock- and price-dependent selling rates under declining market |
scientific article; zbMATH DE number 6013021 |
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Supply chain coordination under stock- and price-dependent selling rates under declining market (English)
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8 March 2012
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Summary: We explore coordination issues of a two-echelon supply chain, consisting of a distributor and a retailer. The effect of revenue-sharing contract mechanism is examined under stock-time-price-sensitive demand rate. First, we investigate relationships between distributor and retailer under noncooperative distributor-Stackelberg games. Then we establish analytically that revenue sharing contact is able to coordinate the system and leads to the win-win outcomes. Finally, numerical examples are presented to compare results between the different models.
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