The quantity discount contracts are investigated for a one-supplier-one-retailer supply chain with asymmetric information when the retailer's cost is disrupted. While the retailer's cost structure is asymmetri...The quantity discount contracts are investigated for a one-supplier-one-retailer supply chain with asymmetric information when the retailer's cost is disrupted. While the retailer's cost structure is asymmetric information, two all-unit quantity discount contract models, fixed expected-profit percentage discount(FEPD) and fixed wholesale-pricing percentage discount(FWPD) under asymmetric information are proposed in a regular scenario. When the retailer's cost distribution fluctuates due to disruptions, the optimal emergency strategies of supply chains are obtained under asymmetric information. Using numerical methods, the impact of cost disruptions on decisions about the regular wholesale price, discount wholesale price, order quantity and expected profits of the retailer, the supplier as well as the total system are analyzed. It is found that the FEPD policy is more robust and adaptable than the FWPD policy in disruption circumstances.展开更多
The development and deployment of privary preserving supply chain quantity discount contract design can allow supply chain collaborations to take place without revealing any participant's data to others, reaping the ...The development and deployment of privary preserving supply chain quantity discount contract design can allow supply chain collaborations to take place without revealing any participant's data to others, reaping the benefits of collaborations wbile avoiding the drawbacks of privacy information disclosure. First, secure multi-party computation protocols are applied in the joint-ordering policy between a single supplier and a single retailer, the joint-ordering policy can be conducted without disclosing private cost information of any of the other supply chain partners. Secondly, secure multi-party computation protocols are applied in the privacy preserving supply chain quantity discount contract design between a single supplier and a single retailer. The information disclosure analyses of the algorithm show that: the optimal quantity discount of the jointordering policy can be conducted without disclosing private cost information of any of the other supply chain partners; the above protocol can be implemented without mediators; the privacy preserving quantity discount algorithm can be mutually verifiable and has solved the problem of asymmetric information.展开更多
The coordination problem of a supply chain comprising one supplier and one retailer under market demand disruption is studied in this article. A novel exponential demand function is adopted, and the penalty cost is in...The coordination problem of a supply chain comprising one supplier and one retailer under market demand disruption is studied in this article. A novel exponential demand function is adopted, and the penalty cost is introduced explicitly to capture the deviation production cost caused by the market demand disruption. The optimal strategies are obtained for different disruption scale under the centralized mode. For the decentralized mode, it is proved that the supply chain can be fully coordinated by adjusting the price discount policy appropriately when disruption occurs. Furthermore, the authors point out that similar results can be established for more general demand functions that represent different market circumstances if certain assumptions are satisfied.展开更多
Quantity discount scheme plays an important role in supply chain management. The different quantity discount schemes under symmetric (full) information and asymmetric information, are analyzed by using principal-age...Quantity discount scheme plays an important role in supply chain management. The different quantity discount schemes under symmetric (full) information and asymmetric information, are analyzed by using principal-agent and optimal control theory. As a result, the research reveals that the optimal quantity discount solution under symmetric information is a special case of that under asymmetric information. At the same price, the critical value of quantity discount under asymmetric information is much lower than that under asymmetric information. Therefore, this leads to less cost for retailers and smaller profit for their supplier.展开更多
Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers the supply chain coordination problem ...Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers the supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a new combined contract CCPP (combined contract with pending prices) is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.展开更多
The concept of the e-marketplace is introduced.Considering a supply chain with a single manufacturer who sells a single item in an e-marketplace,an analytical model for the use of the e-marketplace in a supply chain i...The concept of the e-marketplace is introduced.Considering a supply chain with a single manufacturer who sells a single item in an e-marketplace,an analytical model for the use of the e-marketplace in a supply chain is provided.Assuming the market demand is stochastic and price-dependent,the conditions under which the manufacturer and the e-marketplace owner share the market in equilibrium is developed.The existence and uniqueness of the optimal selling price,quantity and transaction percentage are proved.An integrated supply chain is put forward,and then the efficiency of supply chain coordination is studied by comparing the integrated supply chain with the decentralized supply chain.To gain further insights on the theoretical models,extensive simulations are then carried out.展开更多
This paper studies the decision-making and coordination of supply chain (SC) considering the effect of price-dependent demand. By assuming demand decreases as the price increases, we analyse the impacts of the depen...This paper studies the decision-making and coordination of supply chain (SC) considering the effect of price-dependent demand. By assuming demand decreases as the price increases, we analyse the impacts of the dependence on the SC in three different models: decentralized without coordination, centralized coordination and decentralized with coordination by revenue sharing contract. The existence of the best solution in the different models is proved, and the performance of revenue sharing coordination SC is similar to the centralized one. We find that the more evidently the price affects the demand, the more revenue sharing contract improves the performance of SC. The dependence affects the decision-making and the parameter setting of revenue sharing contract is also found.展开更多
Supply chain management coordinates different strategies for the production system.The manufacturer requires some incentive schemes to motivate the retailer to change his policy,optimal for the whole system.This paper...Supply chain management coordinates different strategies for the production system.The manufacturer requires some incentive schemes to motivate the retailer to change his policy,optimal for the whole system.This paper suggests a discount mechanism by which companies can coordinate their ordering and pricing strategies throughout a supply chain model with a single manufacturer and single retailer.Also,the demand curve is iso-elastic price sensitive.Channel members have decided their selling price and order quantity jointly and independently to maximize the supply chain profit.A coordination mechanism is proposed based on quantity discounts to correlate pricing and ordering strategies simultaneously.The decentralized case is analyzed under the manufacturer-Stackelberg game approach.The result of numerical investigation shows that the suggested discount mechanism has improved the supply chain profit as well as each channel member’s profit in comparison with the centralized and decentralized decisions without discount.展开更多
This paper investigates the ordering policies of two competitive retailers,and the coordination status of a two-echelon supply chain by considering the fairness concerns of channel members.We consider that two retaile...This paper investigates the ordering policies of two competitive retailers,and the coordination status of a two-echelon supply chain by considering the fairness concerns of channel members.We consider that two retailers compete with each other over price,where overstock and shortage are allowed.We assume that the demand is stochastic and considered with additive form.First,based on the Nash bargaining fairness reference point,we obtain the optimal decisions of the fairness-concerned channel members in both the centralized and the decentralized cases using a two-stage game theory.Secondly,we analyze the coordination status of the supply chain with Nash bargaining fairness concerns using ideas of optimization.Finally,numerical experiments are used to illustrate the influence of some parameters,the fairness-concerned behavioral preference of the channel members on the optimal decisions and the coordination status of supply chain.Some managerial insights are obtained.展开更多
In this paper,we study a centralized supply chain for a two-stage with selling price discount.This supply chain consists of a supplier and a retailer. Based on the feature that the product’s selling season is short a...In this paper,we study a centralized supply chain for a two-stage with selling price discount.This supply chain consists of a supplier and a retailer. Based on the feature that the product’s selling season is short and the supply chain faces great demand uncertainty. We consider a two-stage scenario where,at the beginning of stage 1,the supplier reserves production capacity based on historic data in advance,stage 2 comes to us after some leadtime,both the supplier and the retailer update the demand information,the retailer then places an order not exceeding the reserved capacity based on the selling-pricing discount dependent demand. We make optimal decisions on the reserved capacity in stage 1,selling price discount and order quantity in stage 2. In this supply chain,the pattern in stage2 is figured out first,and then stage 1 is cleared as well. Then we present a numerical example to give some insights. Finally we get some conclusions.展开更多
基金The National Natural Science Foundation of China (No.70671021)Jiangsu Postdoctoral Foundation (No.0601015C)
文摘The quantity discount contracts are investigated for a one-supplier-one-retailer supply chain with asymmetric information when the retailer's cost is disrupted. While the retailer's cost structure is asymmetric information, two all-unit quantity discount contract models, fixed expected-profit percentage discount(FEPD) and fixed wholesale-pricing percentage discount(FWPD) under asymmetric information are proposed in a regular scenario. When the retailer's cost distribution fluctuates due to disruptions, the optimal emergency strategies of supply chains are obtained under asymmetric information. Using numerical methods, the impact of cost disruptions on decisions about the regular wholesale price, discount wholesale price, order quantity and expected profits of the retailer, the supplier as well as the total system are analyzed. It is found that the FEPD policy is more robust and adaptable than the FWPD policy in disruption circumstances.
基金The National Natural Science Foundation of China(No.70771026)
文摘The development and deployment of privary preserving supply chain quantity discount contract design can allow supply chain collaborations to take place without revealing any participant's data to others, reaping the benefits of collaborations wbile avoiding the drawbacks of privacy information disclosure. First, secure multi-party computation protocols are applied in the joint-ordering policy between a single supplier and a single retailer, the joint-ordering policy can be conducted without disclosing private cost information of any of the other supply chain partners. Secondly, secure multi-party computation protocols are applied in the privacy preserving supply chain quantity discount contract design between a single supplier and a single retailer. The information disclosure analyses of the algorithm show that: the optimal quantity discount of the jointordering policy can be conducted without disclosing private cost information of any of the other supply chain partners; the above protocol can be implemented without mediators; the privacy preserving quantity discount algorithm can be mutually verifiable and has solved the problem of asymmetric information.
基金This research was supported by National Science Foundation of China (60274048)
文摘The coordination problem of a supply chain comprising one supplier and one retailer under market demand disruption is studied in this article. A novel exponential demand function is adopted, and the penalty cost is introduced explicitly to capture the deviation production cost caused by the market demand disruption. The optimal strategies are obtained for different disruption scale under the centralized mode. For the decentralized mode, it is proved that the supply chain can be fully coordinated by adjusting the price discount policy appropriately when disruption occurs. Furthermore, the authors point out that similar results can be established for more general demand functions that represent different market circumstances if certain assumptions are satisfied.
文摘Quantity discount scheme plays an important role in supply chain management. The different quantity discount schemes under symmetric (full) information and asymmetric information, are analyzed by using principal-agent and optimal control theory. As a result, the research reveals that the optimal quantity discount solution under symmetric information is a special case of that under asymmetric information. At the same price, the critical value of quantity discount under asymmetric information is much lower than that under asymmetric information. Therefore, this leads to less cost for retailers and smaller profit for their supplier.
基金This paper was partly supported by Natural Science Foundation of China (No. 70321001), Nature Science Foundation of Henan Province Education Committee (No. 2006120004), the Ph.D. Science Research Foundation of Henan Agricultural University (No. 30700300), and the Post-doctor Research Foundation of China (No. 20060390280).
文摘Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers the supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a new combined contract CCPP (combined contract with pending prices) is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.
基金The National Key Technology R&D Program of China during the11th Five-Year Plan Period(No.2006BAH02A06)the Program Project of Humanity and Social Science of Ministry of Education in China(No.06JA630012)
文摘The concept of the e-marketplace is introduced.Considering a supply chain with a single manufacturer who sells a single item in an e-marketplace,an analytical model for the use of the e-marketplace in a supply chain is provided.Assuming the market demand is stochastic and price-dependent,the conditions under which the manufacturer and the e-marketplace owner share the market in equilibrium is developed.The existence and uniqueness of the optimal selling price,quantity and transaction percentage are proved.An integrated supply chain is put forward,and then the efficiency of supply chain coordination is studied by comparing the integrated supply chain with the decentralized supply chain.To gain further insights on the theoretical models,extensive simulations are then carried out.
基金This work was supported by National Natural Science Foundation of China under Grant No. 70371004 PhD Program Foundation of Education Ministry of China under Grant No. 20040006023.
文摘This paper studies the decision-making and coordination of supply chain (SC) considering the effect of price-dependent demand. By assuming demand decreases as the price increases, we analyse the impacts of the dependence on the SC in three different models: decentralized without coordination, centralized coordination and decentralized with coordination by revenue sharing contract. The existence of the best solution in the different models is proved, and the performance of revenue sharing coordination SC is similar to the centralized one. We find that the more evidently the price affects the demand, the more revenue sharing contract improves the performance of SC. The dependence affects the decision-making and the parameter setting of revenue sharing contract is also found.
文摘Supply chain management coordinates different strategies for the production system.The manufacturer requires some incentive schemes to motivate the retailer to change his policy,optimal for the whole system.This paper suggests a discount mechanism by which companies can coordinate their ordering and pricing strategies throughout a supply chain model with a single manufacturer and single retailer.Also,the demand curve is iso-elastic price sensitive.Channel members have decided their selling price and order quantity jointly and independently to maximize the supply chain profit.A coordination mechanism is proposed based on quantity discounts to correlate pricing and ordering strategies simultaneously.The decentralized case is analyzed under the manufacturer-Stackelberg game approach.The result of numerical investigation shows that the suggested discount mechanism has improved the supply chain profit as well as each channel member’s profit in comparison with the centralized and decentralized decisions without discount.
文摘This paper investigates the ordering policies of two competitive retailers,and the coordination status of a two-echelon supply chain by considering the fairness concerns of channel members.We consider that two retailers compete with each other over price,where overstock and shortage are allowed.We assume that the demand is stochastic and considered with additive form.First,based on the Nash bargaining fairness reference point,we obtain the optimal decisions of the fairness-concerned channel members in both the centralized and the decentralized cases using a two-stage game theory.Secondly,we analyze the coordination status of the supply chain with Nash bargaining fairness concerns using ideas of optimization.Finally,numerical experiments are used to illustrate the influence of some parameters,the fairness-concerned behavioral preference of the channel members on the optimal decisions and the coordination status of supply chain.Some managerial insights are obtained.
基金Supported by the National Natural Science Foundation of China(11471053)
文摘In this paper,we study a centralized supply chain for a two-stage with selling price discount.This supply chain consists of a supplier and a retailer. Based on the feature that the product’s selling season is short and the supply chain faces great demand uncertainty. We consider a two-stage scenario where,at the beginning of stage 1,the supplier reserves production capacity based on historic data in advance,stage 2 comes to us after some leadtime,both the supplier and the retailer update the demand information,the retailer then places an order not exceeding the reserved capacity based on the selling-pricing discount dependent demand. We make optimal decisions on the reserved capacity in stage 1,selling price discount and order quantity in stage 2. In this supply chain,the pattern in stage2 is figured out first,and then stage 1 is cleared as well. Then we present a numerical example to give some insights. Finally we get some conclusions.