English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This paper focuses on determining ordering and pricing policies in a single-period closed loop supply chain. The assumed supply chain includes a number of manufacturers who provide their different but substitutable products for their customers via a common retailer; however the manufacturers can have their own internet-based sales channel in order to provide products for the customers. The customers can return products if they are not satisfied with. The return products are collected in a repair center, are repaired and sold as second-hand product through the retailer channel or through an internet-based sale channel. The customer demand is assumed to be stochastic. This study aims to determine the optimum prices for the internet-based and retailer sales channels for the initial and second hand products. It also tries to determine the optimal values of retailer order and production rates of manufacturers and repair centers. Three types of game strategies for the supply chain including Nash, Stackelberg game with retailer as the leader and Stackelberg game with manufacturers and repair center as the leaders are studied in decentralized condition. The analytical equilibrium solutions, equations and constraints are extracted for these strategies. Finally, the effect of variations in key parameter is investigated.

scientia iranica

tModeling and analyzing pricing and inventory problem in a closed loop supply chain with return policy and multiple manufacturers and multiple sales channels using game theory