Title :
Managing new, remanufactured and upgraded products under a coupon recycling environment
Author :
Xian Li ; Jihong Zhang ; Xiaosong Ding ; Xiaodong Yang
Author_Institution :
Int. Bus. Sch., Beijing Foreign Studies Univ., Beijing, China
Abstract :
We consider a two-period production and pricing model under a coupon recycling environment, in which a monopolistic manufacturer is able to produce and sell new, remanufactured and upgraded products simultaneously in the market. To attract consumers to return used products and promote the sale of upgraded products, the manufacturer offers coupons in the recycling process. We focus on the competition between different kinds of products and analyze the manufacturer´s optimal production and pricing strategies as well as the effect of coupons on them.
Keywords :
environmental economics; pricing; recycling; coupon recycling environment; manufacturer pricing strategy; manufacturer production strategy; monopolistic manufacturer; new product management; pricing model; product competition; remanufactured product management; two-period production model; upgraded product management; Biological system modeling; Consumer electronics; Cost accounting; Educational institutions; Pricing; Production; Recycling; cost; coupon; pricing strategy; remanufacturing;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2013 10th International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4673-4434-0
DOI :
10.1109/ICSSSM.2013.6602530