Coordination Mechanism of Return Contract in Supply Chain under Stochastic Demand
In a two-level supply chain composed of one supplier and one retailer, return contract with market stochastic demand was designed. Firstly, the double marginalization was verified that existed in supply chain contract with no returns policy. Then, for overcoming this phenomenon, the contracts with full return policy was analyzed. The partners of supply chain can achieve coordination through the given parameters. The impact of parameters of stochastic demand on return contract was given through a numerical example.
Supply chain Return policy Coordination mechanism Stochastic demand
Wang Juxiang Wang Qingjin Sang Shengju
International Business College, Qingdao University, Qingdao, China
国际会议
北京
英文
2007-11-01(万方平台首次上网日期,不代表论文的发表时间)