A game-theoretic approach to select a channel for supplying required materials in producing a product manufactured from recyclables
Purpose: In this research, a recyclable waste is used to manufacture a specific product. For this reason, a supply chain is considered containing manufacturer, recycler, and waste warehouse. First, the customers’ demand for the considered product is determined based on its price. Then, the manufactu...
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| Main Author: | |
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| Format: | Article |
| Language: | fas |
| Published: |
Ayandegan Institute of Higher Education, Tonekabon,
2023-11-01
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| Series: | تصمیم گیری و تحقیق در عملیات |
| Subjects: | |
| Online Access: | https://www.journal-dmor.ir/article_164079_ea03bca444db340ea16f00502474fc88.pdf |
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| Summary: | Purpose: In this research, a recyclable waste is used to manufacture a specific product. For this reason, a supply chain is considered containing manufacturer, recycler, and waste warehouse. First, the customers’ demand for the considered product is determined based on its price. Then, the manufacturer produces it from a waste with specific recyclability rate. The waste warehouse collects the waste and the recycler recycles it. The manufacturer meets his requirements through two different channels. He can procure the non-recycled waste from the waste warehouse and then recycles it himself, or can buy the recycled waste from the recycler. The manufacturer selects these channels based on the established situations.Methodology: The game theory is applied to make the decisions under two considered channels. In this setting, a Stackelberg game is developed based on the competitive situation established among the members, where the manufacturer has higher decision power than the waste warehouse and recycler.Findings: Eventually, the given strategies are discussed and the obtained results are presented. Results indicate that the manufacturer selects each channel as a threshold is met. Moreover, more recyclability rate of the considered waste leads to higher profits for the members.Originality/Value: In this research, to provide the waste materials required for producing a product, the game-theoretic approach as well as the concept of the channel-selection are used. It can be stated that this issue has been proposed for the first time in the literature. |
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| ISSN: | 2538-5097 2676-6159 |