Research on Supply Chain Decision Making Based on the Shortage of Market Supply
Available Online June 2017.
- https://doi.org/10.2991/msmi-17.2017.14How to use a DOI?
- component; disruption; shortage; buyback contract
- This paper studies the optimal decision of retailer and supplier based on the shortage of market supply. Compared with the normal supply situation, it is found less optimal order quantity from the retailer; and that the retailer's optimal order quantity decreases with the increasing of wholesale prices, increases with the increasing of the retail price and residual value. The supplier can increase the order quantity of the retailer through the buyback contract, but cannot coordinate the supply chain through the buyback contract.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Heng Liu PY - 2017/06 DA - 2017/06 TI - Research on Supply Chain Decision Making Based on the Shortage of Market Supply BT - Proceedings of the 2017 International Conference on Management Science and Management Innovation (MSMI 2017) PB - Atlantis Press SP - 59 EP - 63 SN - 2352-5428 UR - https://doi.org/10.2991/msmi-17.2017.14 DO - https://doi.org/10.2991/msmi-17.2017.14 ID - Liu2017/06 ER -