Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations
Using game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coord...
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Format: | Article |
Language: | English |
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Wiley
2015-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2015/789597 |
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author | Hongjun Peng Meihua Zhou Fudong Wang |
author_facet | Hongjun Peng Meihua Zhou Fudong Wang |
author_sort | Hongjun Peng |
collection | DOAJ |
description | Using game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coordination mechanism may not only reduce the price of thermal coal but also increase the fulfillment rate of thermal coal. Meanwhile, the ordering quantity of thermal coal is increased and the shortage probability of electricity supply is decreased. Thereby, the conflicts between coal and electricity are also alleviated effectively. |
format | Article |
id | doaj-art-e9ca24018cd94500812d6e6e22fa8508 |
institution | Kabale University |
issn | 1026-0226 1607-887X |
language | English |
publishDate | 2015-01-01 |
publisher | Wiley |
record_format | Article |
series | Discrete Dynamics in Nature and Society |
spelling | doaj-art-e9ca24018cd94500812d6e6e22fa85082025-02-03T01:02:30ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2015-01-01201510.1155/2015/789597789597Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price RegulationsHongjun Peng0Meihua Zhou1Fudong Wang2College of Economics and Management, Nanjing Forestry University, Nanjing 210037, ChinaSchool of Management, China University of Mining and Technology, Xuzhou 221116, ChinaSchool of Management, China University of Mining and Technology, Xuzhou 221116, ChinaUsing game models, we study multiperiod coordination contract and model of coal-electricity supply chain under the condition of double price regulations to alleviate the price conflicts of coal and electricity enterprises. The study reveals that, in boom seasons of coal demand, the multiperiod coordination mechanism may not only reduce the price of thermal coal but also increase the fulfillment rate of thermal coal. Meanwhile, the ordering quantity of thermal coal is increased and the shortage probability of electricity supply is decreased. Thereby, the conflicts between coal and electricity are also alleviated effectively.http://dx.doi.org/10.1155/2015/789597 |
spellingShingle | Hongjun Peng Meihua Zhou Fudong Wang Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations Discrete Dynamics in Nature and Society |
title | Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations |
title_full | Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations |
title_fullStr | Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations |
title_full_unstemmed | Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations |
title_short | Multiperiod Coordination Models of Coal-Electricity Supply Chain with Double Price Regulations |
title_sort | multiperiod coordination models of coal electricity supply chain with double price regulations |
url | http://dx.doi.org/10.1155/2015/789597 |
work_keys_str_mv | AT hongjunpeng multiperiodcoordinationmodelsofcoalelectricitysupplychainwithdoublepriceregulations AT meihuazhou multiperiodcoordinationmodelsofcoalelectricitysupplychainwithdoublepriceregulations AT fudongwang multiperiodcoordinationmodelsofcoalelectricitysupplychainwithdoublepriceregulations |