Title :
Price Game Analysis on Strategic Aeronautic Material Purchasing
Author :
Wang Ying ; Xie Wujie ; Peng Li
Author_Institution :
Sch. of Eng., Air Force Eng. Univ., Xi´an, China
Abstract :
Based on total purchasing amount and supply risks, a 4-quadrant method could be used to classify aeronautic materials into common materials, lever materials, strategic materials and bottle-neck materials. In this paper, a 3-side purchasing price game model of strategic aeronautic material is constructed by using the economic Bertrand model and with considering the characteristics of strategic aeronautic markets. Based on which the purchaser´s pricing strategies are also discussed in detail.
Keywords :
aerospace components; game theory; pricing; purchasing; 3-side purchasing price game model; 4-quadrant method; bottle-neck materials; economic Bertrand model; lever materials; price game analysis; strategic aeronautic material purchasing; strategic materials; supply risks; total purchasing amount; Cost function; Force control; Manufacturing; Markov processes; Power generation economics; Pricing; Risk analysis; Supply chain management;
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
DOI :
10.1109/ICMSS.2009.5305637
