Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain
The optimal pricing and remanufacturing decisions problem of a fuzzy closed-loop supply chain is considered in this paper. Particularly, there is one manufacturer who has incorporated a remanufacturing process for used products into her original production system, so that she can manufacture a new p...
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| Format: | Article |
| Language: | English |
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Wiley
2013-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2013/986704 |
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| author | Jing Zhao Weiyu Liu Jie Wei |
| author_facet | Jing Zhao Weiyu Liu Jie Wei |
| author_sort | Jing Zhao |
| collection | DOAJ |
| description | The optimal pricing and remanufacturing decisions problem of a fuzzy closed-loop supply chain is considered in this paper. Particularly, there is one manufacturer who has incorporated a remanufacturing process for used products into her original production system, so that she can manufacture a new product directly from raw materials or from
collected used products. The manufacturer then sells the new product to two different competitive retailers, respectively, and the two competitive retailers are in charge of deciding
the rates of the remanufactured products in their consumers’ demand quantity. The fuzziness is associated with the customer’s demands, the remanufacturing and manufacturing
costs, and the collecting scaling parameters of the two retailers. The purpose of this paper is to explore how the manufacturer and the two retailers make their own decisions about wholesale price, retail prices, and the remanufacturing rates in the expected value model. Using game theory and fuzzy theory, we examine each firm’s strategy and explore the role of the manufacturer and the two retailers over three different game scenarios. We get some insights into the economic behavior of firms, which can serve as the basis for empirical study in the future. |
| format | Article |
| id | doaj-art-cda1ea87a35445568bdd248916312955 |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2013-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-cda1ea87a35445568bdd2489163129552025-02-03T06:06:09ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2013-01-01201310.1155/2013/986704986704Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply ChainJing Zhao0Weiyu Liu1Jie Wei2School of Science, Tianjin Polytechnic University, Tianjin 300160, ChinaSchool of Science, Tianjin Polytechnic University, Tianjin 300160, ChinaGeneral Courses Department, Military Transportation University, Tianjin 300161, ChinaThe optimal pricing and remanufacturing decisions problem of a fuzzy closed-loop supply chain is considered in this paper. Particularly, there is one manufacturer who has incorporated a remanufacturing process for used products into her original production system, so that she can manufacture a new product directly from raw materials or from collected used products. The manufacturer then sells the new product to two different competitive retailers, respectively, and the two competitive retailers are in charge of deciding the rates of the remanufactured products in their consumers’ demand quantity. The fuzziness is associated with the customer’s demands, the remanufacturing and manufacturing costs, and the collecting scaling parameters of the two retailers. The purpose of this paper is to explore how the manufacturer and the two retailers make their own decisions about wholesale price, retail prices, and the remanufacturing rates in the expected value model. Using game theory and fuzzy theory, we examine each firm’s strategy and explore the role of the manufacturer and the two retailers over three different game scenarios. We get some insights into the economic behavior of firms, which can serve as the basis for empirical study in the future.http://dx.doi.org/10.1155/2013/986704 |
| spellingShingle | Jing Zhao Weiyu Liu Jie Wei Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain Discrete Dynamics in Nature and Society |
| title | Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain |
| title_full | Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain |
| title_fullStr | Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain |
| title_full_unstemmed | Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain |
| title_short | Pricing and Remanufacturing Decisions of a Decentralized Fuzzy Supply Chain |
| title_sort | pricing and remanufacturing decisions of a decentralized fuzzy supply chain |
| url | http://dx.doi.org/10.1155/2013/986704 |
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