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Supply Chain Coordination Based on Buy-Back Contract under Price-Sensitive and Time-Sensitive Demand

  • Chenglin Shen
  • Xinxin Zhang
Conference paper
Part of the Advances in Intelligent and Soft Computing book series (AINSC, volume 161)

Abstract

In this paper, pricing and order decision problems of a two-stage decentralized supply chain was studied. Demands are both price-sensitive and time-sensitive. First, the centralized supply chain model as a benchmark, we analyzed the optimal order quantity, optimal price and lead time. Secondly, optimal decisions and coordination condition of decentralized supply chain under the buy-back contract were analyzed. Finally, a numerical example was proposed to analyze the impact of price factor, time factor and other model parameters on the profits and coordination efficiency of supply chain under buy-back contract.

Keywords

demand centralized supply chain decentralized supply chain coordination 

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Copyright information

© Springer-Verlag GmbH Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.School of BusinessTianjin Polytechnic UniversityTianjinChina
  2. 2.Tianjin Institute of Pharmaceutical ResearchTianjinChina

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