TY - GEN
T1 - Supply chain coordination with a combined contract with pending prices for a short-life-cycle product
AU - Liu, Bin
AU - Liu, Sifeng
AU - Qiu, Robin G.
PY - 2007/12/1
Y1 - 2007/12/1
N2 - Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.
AB - Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.
UR - http://www.scopus.com/inward/record.url?scp=50249116200&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=50249116200&partnerID=8YFLogxK
U2 - 10.1109/GSIS.2007.4443453
DO - 10.1109/GSIS.2007.4443453
M3 - Conference contribution
AN - SCOPUS:50249116200
SN - 1424412943
SN - 9781424412945
T3 - Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007
SP - 1153
EP - 1157
BT - Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007
T2 - 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007
Y2 - 18 November 2007 through 20 November 2007
ER -