Equilibrium pricing and ordering policies in a two-echelon supply chain in the presence of strategic customers



Título del documento: Equilibrium pricing and ordering policies in a two-echelon supply chain in the presence of strategic customers
Revue: Anais da Academia Brasileira de Ciencias
Base de datos: PERIÓDICA
Número de sistema: 000395501
ISSN: 0001-3765
Autores: 1
1
2
1
Instituciones: 1Iran University of Science and Technology, Department of Industrial Engineering, Narmak, Teherán. Irán
2Sharif University, Department of Industrial Engineering, Teherán. Irán
Año:
Periodo: Jun
Volumen: 88
Número: 2
Paginación: 1127-1150
País: Brasil
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Aplicado, descriptivo
Resumen en inglés This paper studying the impact of strategic customer behavior on decentralized supply chain gains and decisions, which includes a supplier, and a monopoly firm as a retailer who sells a single product over a finite two periods of selling season. We consider three types of customers: myopic, strategic and low-value customers. The problem is formulated as a bi-level game where at the second level (e.g. horizontal game), the retailer determines his/her equilibrium pricing strategy in a non-cooperative simultaneous general game with strategic customers who choose equilibrium purchasing strategy to maximize their expected surplus. At the first level (e.g. vertical game), the supplier competes with the retailer as leader and follower in the Stackelberg game. They set the wholesale price and initial stocking capacity to maximize their profits. Finally, a numerical study is presented to demonstrate the impacts of strategic behavior on supply chain gain and decisions; subsequently the effects of market parameters on decision variables and total profitability of supply chain's members is studied through a sensitivity analysis
Disciplinas: Ingeniería
Palabras clave: Ingeniería industrial,
Cadena de suministro,
Usuarios,
Gestión de ingreso,
Precios,
Teoría de juegos
Keyword: Engineering,
Industrial engineering,
Supply chain,
Customers,
Revenue management,
Pricing,
Game theory,
Prices
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