A closed-loop supply chain problem with retailing and recycling competition
type: Item
instance of: scholarly article
title: A closed-loop supply chain problem with retailing and recycling competition
zbMATH Open document ID: 1474.90071
DOI: 10.1155/2014/509825
author: Chuanchao Xu
author: Bo Li
author: Yanfei Lan
author: Yi Tang
published in: Abstract and Applied Analysis
publication date: 2019-02-14T00:00:00Z
review text: Summary: We investigate a durable product retailing and recycling problem in a closed-loop supply chain consisting of a single manufacturer and two competitive retailers, in which the manufacturer collects used products via retailers from the consumers and has sufficient channel power over the retailers to act as a Stackelberg leader; the retailers compete in retail products and recycling used products. In order to analyze the impact of retailing and recycling competitions on the profits of the manufacturer and the competitive retailers, two collection models (coordinated collection (Model \(C\)) and decentralized collection (Model \(D\))) are established, respectively. Then, based on game theory, we derive the optimal retail price, the optimal repurchase price, and the optimal profits of the manufacturer and the retailers. The managerial insights demonstrate that more intense retailing competition induces the increase of the manufacturer's profits in both forward and reverse channels and retailers' profits in the forward channel and the decrease of retailers' profits in the reverse channel, while more intense recycling competition induces the decrease of the profits of the manufacturer and retailers in both forward and reverse channels. Finally, numerical examples are given to illustrate the effectiveness of the proposed models.
Mathematics Subject Classification ID: 90B06
Mathematics Subject Classification ID: 91A65
Mathematics Subject Classification ID: 90B30
zbMATH DE Number: 7022514
MaRDI profile type: Publication
Wikidata QID: Q59038926
full work available at URL: https://doi.org/10.1155/2014/509825
OpenAlex ID: W1995136040
cites work: Closed-Loop Supply Chain Models with Product Remanufacturing
cites work: An integrated product returns model with logistics and marketing coordination
cites work: Pricing used products for remanufacturing
cites work: Reverse Channel Design: The Case of Competing Retailers
description: scientific article; zbMATH DE number 7022514