Title :
Research on return supply chain supernetworks equivalence with computations
Author :
Zhao, Hai-feng ; Chen, Rui-shen
Author_Institution :
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
Abstract :
In order to improve the efficiency of return supply chain, we establish a multi-level nonlinear supernetworks model which intends to describe the behaviors of the manufacturers, distributors and the consumers. The optimal object is defined as the profit maximization in the model. An algorithm is employed to decompose the network problems into simple sub-problems and enable the researchers to get a clearer view of the material quantity and the transaction prices between iterations. And then, a solution analysis is made on the model by use of variational inequality theory to define the material volume and transaction price. Finally, a computer-based simulation is made on the solution solving process. The simulation result shows that the Equilibrium solution could be achieved with a certain degree of variance.
Keywords :
pricing; profitability; supply chain management; computer-based simulation; material quantity; material volume; multilevel nonlinear supernetworks model; profit maximization; return supply chain supernetworks equivalence; transaction price; variational inequality theory; Computational modeling; Logistics; Computer formulation; Return supply chain; Supernetwork;
Conference_Titel :
Industrial Engineering and Engineering Management (IE&EM), 2010 IEEE 17Th International Conference on
Conference_Location :
Xiamen
Print_ISBN :
978-1-4244-6483-8
DOI :
10.1109/ICIEEM.2010.5646002