Modeling and analyzing pricing and inventory problem in a closed-loop supply chain with return policy and multiple manufacturers and multiple sales channels using game theory..pdf
Creators: name: Seifbarghy, Mehdi
name: L. Nazaria
name: M. Setakc
Publisher: name: figshare
Year: 2020
Subjects: subject: 90603 Industrial Electronics
subject: FOS: Electrical engineering, electronic engineering, information engineering
subject: FOS: Electrical engineering, electronic engineering, information engineering
subject: 90505 Infrastructure Engineering and Asset Management
subject: FOS: Civil engineering
subject: FOS: Civil engineering
subject: 91599 Interdisciplinary Engineering not elsewhere classified
subject: FOS: Other engineering and technologies
subject: FOS: Other engineering and technologies
subject: 91003 Machine Tools
subject: 91004 Machining
subject: 91099 Manufacturing Engineering not elsewhere classified
subject: 91005 Manufacturing Management
subject: 91006 Manufacturing Processes and Technologies (excl. Textiles)
subject: 91007 Manufacturing Robotics and Mechatronics (excl. Automotive Mechatronics)
subject: 91008 Manufacturing Safety and Quality
subject: 91199 Maritime Engineering not elsewhere classified
subject: FOS: Environmental engineering
subject: FOS: Environmental engineering
subject: 91299 Materials Engineering not elsewhere classified
subject: FOS: Materials engineering
subject: FOS: Materials engineering
subject: Mechanical Engineering
subject: FOS: Mechanical engineering
subject: FOS: Mechanical engineering
subject: 91399 Mechanical Engineering not elsewhere classified
subject: 90304 Medical Devices
subject: FOS: Medical engineering
subject: FOS: Medical engineering
subject: 90404 Membrane and Separation Technologies
subject: FOS: Chemical engineering
subject: FOS: Chemical engineering
subject: 91207 Metals and Alloy Materials
subject: 91306 Microelectromechanical Systems (MEMS)
subject: 90604 Microelectronics and Integrated Circuits
subject: 91009 Microtechnology
subject: 91404 Mineral Processing/Beneficiation
subject: 91405 Mining Engineering
subject: 91102 Naval Architecture
subject: 90904 Navigation and Position Fixing
subject: 90405 Non-automotive Combustion and Fuel Engineering (incl. Alternative/Renewable Fuels)
subject: Nuclear Engineering
subject: 91506 Nuclear Engineering (incl. Fuel Enrichment and Waste Processing and Storage)

description: This paper focuses on determining ordering and pricing policies in a single-period closed-loop supply chain. The assumed supply chain includes a number of manufacturers who provide their different, yet substitutable, products for their customers via a common retailer; however, manufacturers can have their own internet-based sales channels in order to provide products for the customers. The customers can return products if they are not satisfied with them. The returned products are collected in a repair center, repaired, and sold as second-hand products through the retailer's channel or through an internet-based sale channel. The customer demand is assumed to be stochastic. This study aims to determine the optimum prices for the internet-based and retailer's sales channels for the initial and second-hand products. It also tries to determine the optimal values of retailer order and production rates of manufacturers and repair centers. Three types of game strategies for the supply chain, including Nash, Stackelberg game with a retailer as the leader, and Stackelberg game with manufacturers and repair center as the leaders, are studied in a decentralized condition. The analytical equilibrium solutions, equations, and constraints are extracted for these strategies. Finally, the effect of variations in key parameter is investigated. <br>