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The CVaR-Based Pricing And Ordering For A Multi-follower Two-Level Supply Chain

Posted on:2017-02-11Degree:DoctorType:Dissertation
Country:ChinaCandidate:R ShenFull Text:PDF
GTID:1109330488986799Subject:Business Administration
Abstract/Summary:PDF Full Text Request
The issue of how to improve the supply chain’s ability to survive is a problem that closely relates to the survival of all the businesses in supply chain. Among others,supply chain contract is a major approach to the improvement of supply chain’s ability to survive, as supply chain contract can ensure and coordinate the relationship between buyer and seller as to the interest distribution through appropriate stimulation and information. With supply chain contract, two objectives are achieved: 1) increased gross profit for the supply chain, a result close to those from that of the centralized decision(i.e. channel coordination); 2) risk sharing between the parties of the contract.Researches on supply chain contract focus on the issues of how to determine product pricing, ordering and sales stimulation among members of the supply chain. Therefore,supply chian contract has become one of the most important research areas in supply chain management, and has great theoretical and practical significance.At present, most of the researches only focus on solving the supply chain contract with one follower at the lower level, although there are few studies on multi-follower supply chain contract. Therefore the paper, based on conditional value-at-risk theory, establishes decision-making models and approaches for three types of multi-follower supply chain contracts so as to solve the problem of pricing and ordering distribution between one manufacturer and several retailers(distributors),which is of significance to the solvement of oversupply in current economic environment.The paper first introduces the background of the problem of pricing and ordering of the multi-follower supply chain followed by the contents and arrangement of the paper. Chapter 2, the literature review covers critical review on risk decision making,conditional value at risk, supply chain contract, and multi-follower supply chain contract. In Chapter 3, the paper studies the product’s economic wholesale pricing and ordering using wholesale discount contract, establishes a multi-follower CVaR model for wholesale discount contract to solve the product’s economic wholesale pricing andordering, and gives approaches to solving the model under decentralizaed circumstance as well as the numerical examples. In Chapter 4, the paper studies the product’s economic pricing and ordering using revenue sharing contract, establishes a multi-follower CVaR model for revenue sharing contract to solve the product’s economic pricing and ordering, and gives approaches to solving the model under decentralizaed circumstance as well as the numerical examples. In Chapter 5, the paper studies the product’s economic pricing and ordering using buyback contract,where it first defines a general multi-follower two-lelvel CVaR model, proves its equivilant theorem, then establishes a multi-follower CVaR model for buyback contract, obtains the optimal product’s economic pricing and ordering formula, and finally gives approaches to solving the model as well as the numerical examples.
Keywords/Search Tags:Multi-follower supply chain, Conditional Value-at-Risk, Wholesale discount contract, Revenue sharing contract, Buyback contract
PDF Full Text Request
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