• Title of article

    Pricing Under the Policy of Guaranteeing the Return of Money in a Two-Channel Supply Chain Using the Game Theory Approach (Case Study: Lorestan Food Industry Company)

  • Author/Authors

    Beiranvand ، Mona Department of Management - Islamic Azad University, Dehaghan Branch , Davoodi ، Mohammad Reza Department of Management - Islamic Azad University, Dehaghan Branch

  • From page
    167
  • To page
    185
  • Abstract
    Today, one of the topics in supply chain management is multiple sales channels and pricing . In this research, a food producer (West Sahar Dasht Company) has been selected, and several retailers and wholesalers have been considered as the company s customers. Main contribution of this research is, present a pricing model using game theory according to the return of money in the two-channel supply chain. This research dynamically solves the model through the game theory method. To obtain the equilibrium point and Stockelberg, the lower level optimal values (retailers and suppliers) are calculated based on the higher-level values (manufacturer), which turns the multi-level model into a single-level model to calculate the higher level optimal values. By presenting a case study and analyzing the sensitivity of the parameters, it was shown that some changes in the parameters have a significant effect on the problem variables, and its equilibrium model is better. Because game theory is proposed to solve problems on a small scale, and because the present problem is so complex, genetic algorithm meta-heuristic and particle aggregation optimization have been used to solve medium and large problems. To validate their results, they are compared with the results obtained from the mathematical model. Finally, comparing the performance of the two meta heuristic algorithms through statistical analysis has shown that the particle aggregation optimization algorithm performs better than the genetic algorithm.
  • Keywords
    Two , channel supply chain , Pricing , Money return guarantee policy , Game theory , Meta , heuristic algorithms
  • Journal title
    Journal of Applied Research on Industrial Engineering
  • Journal title
    Journal of Applied Research on Industrial Engineering
  • Record number

    2760581