WSEAS Transactions on Mathematics
Print ISSN: 1109-2769, E-ISSN: 2224-2880
Volume 12, 2013
Corporation in a Closed-Loop Supply Chain Based on Remanufacturing
Authors: ,
Abstract: Remanufacturing is a new manufacture concept which is based on the theory of life cycle of products and focus on the objective to promote reuse of waste products and it has been more and more popular all over the world. This paper presents a theoretical model for remanufacturing system which is a closed-loop supply chain consists of one manufacturer, one dealer and one recycler. Game theory with respect to two pricing strategies is used to analyze the relationshpe between cooperation level and prices, sales quantity and core collection yield. The main results of the research prove that manufacturer will gain more profit by establishing partnership with dealer and recycler. Furthermore, the profits would increase along to the raise of cooperate level. At the same time, the cooperative relationships among manufacturer, dealer and recycler would generate mutual interaction in building sale and product return channel. At the end of this paper, we put forward some coordination suggestions.
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Keywords: Closed-loop supply chain, cooperative game, remanufacturing, stackelberg, Supply Chain Coordination