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A centralized/decentralized design of a full return contract for a risk-free manufacturer and a risk-neutral retailer under partial information sharing

Title
A centralized/decentralized design of a full return contract for a risk-free manufacturer and a risk-neutral retailer under partial information sharing
Other Titles
decentralized design of a full return contract for a risk-free manufacturer and a risk-neutral retailer under partial information sharing
Author
정인재
Keywords
Supply chain coordination; Alternating Direction Method; Information sharing
Issue Date
2012-03
Publisher
Elsevier Science B.V
Citation
Journal of Production Economics, 2012, 136(1), P.110-115
Abstract
We consider the design of full return contract in a simple supply chain with a risk-free manufacturer and a risk-neutral retailer. In this problem, the ordering quantity and the rebate price for unsold products are determined by the retailer and the manufacturer, respectively. We propose an optimal solution procedure in centralized and decentralized decision making environments considering when the information sharing among the retailer and the manufacturer is partial. We provide numerical examples to explain the proposed solution procedures. (C) 2011 Elsevier B.V. All rights reserved.
URI
https://www.sciencedirect.com/science/article/pii/S0925527311004051?via%3Dihubhttp://hdl.handle.net/20.500.11754/67927
ISSN
0925-5273
DOI
10.1016/j.ijpe.2011.09.019
Appears in Collections:
COLLEGE OF ENGINEERING[S](공과대학) > INDUSTRIAL ENGINEERING(산업공학과) > Articles
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