• DocumentCode
    2150800
  • Title

    Impact on Optimal Decision of Retailer Based on Buyback Contract with Options

  • Author

    Zhou, Xin ; Sheng, Fangzheng

  • Author_Institution
    Coll. of Transp. & Commun., Shanghai Maritime Univ., Shanghai, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    This paper studies buyback contract with options in the supply chain. We propose the buyback contract with options is a generalization of the average buyback contract, prove that the expectation profit function of retailer with buyback contract with options is joint concave function of the decision variables and get the analytical solution. And we compare the optimal strategies with different contracts.
  • Keywords
    concave programming; retailing; average buyback contract; decision variables; expectation profit function; joint concave function; optimal decision; retailer; supply chain; Contracts; Costs; Educational institutions; Manufacturing; Marketing and sales; Probability distribution; Random variables; Risk management; Supply chains; Transportation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5303932
  • Filename
    5303932