Game Analysis and Coordination of a Closed-Loop Supply Chain: Perspective of Components Reuse Strategy
| Autor: | Zhihui Fan, Xiaomin Zhao, Ting Liu, Xueli Bai |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
0209 industrial biotechnology
coordination Computer science Supply chain Geography Planning and Development 0211 other engineering and technologies closed-loop supply chain TJ807-830 02 engineering and technology Management Monitoring Policy and Law Reuse TD194-195 Renewable energy sources 020901 industrial engineering & automation Chain (algebraic topology) GE1-350 Industrial organization Price elasticity of demand 021103 operations research Environmental effects of industries and plants Renewable Energy Sustainability and the Environment components reuse strategy Environmental sciences Value (economics) dual sourcing Key (cryptography) Game theory Optimal decision |
| Zdroj: | Sustainability Volume 12 Issue 22 Sustainability, Vol 12, Iss 9681, p 9681 (2020) |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su12229681 |
| Popis: | This paper studies a closed-loop supply chain that covers three key members: Manufacturer, new components supplier, and recycled-components supplier. Considering the power of each member in the chain, we use game theory to analyze the optimal decision and coordination, particularly investigating the economic value of components reuse strategy. The results show that, in a decentralized setting, the value of components reuse highly depends on the attributes of the products. For the products with low price elasticity, reuse strategy is only beneficial to the recycled-components suppliers. Further investigation shows the manufacturer can use wholesale price contracts to coordinate and improve the supply chain&rsquo s performance. |
| Databáze: | OpenAIRE |
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