Analysis of Price Decisions for Used-Products Based on Risk Sharing
Owing to the quality uncertainty of the usedproducts, when the Re-manufacturer reclaims a usedproduct from the retailer, he has two possible results: one is to get a unit profit if the usedproduct can be remanufactured and the other is to have a unit risk loss if the used-product cant be remanufactured. Because the amount of collected usedproducts is affected by the reclaim/collecting price which is affected by the different risk preference of the Re-manufacturer, if the retailer shares in the risk loss with the Re-manufacturer, the price decisions will be different. In this paper, considering the risk sharing between the Remanufacturer and the retailer, we focus on the price decisions for the used-products include the manufacturers reclaim price and the retailers collecting price. Based on three cases(Case I, the Re-manufacturer would like to take a risk; Case II, the Re-manufacturers risk preference level is medium; Case III, the Re-manufacturer would not like to take a risk),we give the analysis of the changing of reclaim price, collecting price, collected amount, Re-manufacturers profit and retailers profit by a numerical example.
Price decision Used-products Risk sharing
Qiaolun Gu Tiegang Gao
School of Information Technology and Engineering, Tianjin University of Technology and Education, Ti College of Software, Nankai University, Tianjin 300071, P.R. China
国际会议
The First World Congress on Global Optimization in Engineering & Science(第一届工程与科学全局优化国际会议 WCGO2009)
长沙
英文
449-456
2009-06-01（万方平台首次上网日期，不代表论文的发表时间）