Managing a two-echelon supply chain with price, warranty and quality dependent demand
This paper deals with a two-layer supply chain composed of one manufacturer and one retailer for single-type product. The demand function of the end customers depends on quality, warranty, and sales price of the product. The profit functions of the manufacturer and the retailers are maximized under...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2015-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/23311975.2015.1011014 |
| _version_ | 1818892251288305664 |
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| author | Nikunja Mohan Modak Shibaji Panda Shib Sankar Sana |
| author_facet | Nikunja Mohan Modak Shibaji Panda Shib Sankar Sana |
| author_sort | Nikunja Mohan Modak |
| collection | DOAJ |
| description | This paper deals with a two-layer supply chain composed of one manufacturer and one retailer for single-type product. The demand function of the end customers depends on quality, warranty, and sales price of the product. The profit functions of the manufacturer and the retailers are maximized under centralized and decentralized approaches. Our study suggests that the joint profit in centralized system is always more than the decentralized system. Finally, the surplus profit in centralized system is shared according to their profits in decentralized system. |
| first_indexed | 2024-12-19T17:53:44Z |
| format | Article |
| id | doaj.art-d8e98a501b8d465aa9bc3f03a53d16ca |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-12-19T17:53:44Z |
| publishDate | 2015-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-d8e98a501b8d465aa9bc3f03a53d16ca2022-12-21T20:11:51ZengTaylor & Francis GroupCogent Business & Management2331-19752015-12-012110.1080/23311975.2015.10110141011014Managing a two-echelon supply chain with price, warranty and quality dependent demandNikunja Mohan Modak0Shibaji Panda1Shib Sankar Sana2University of KalyaniBengal Institute of TechnologyBhangar MahavidyalayaThis paper deals with a two-layer supply chain composed of one manufacturer and one retailer for single-type product. The demand function of the end customers depends on quality, warranty, and sales price of the product. The profit functions of the manufacturer and the retailers are maximized under centralized and decentralized approaches. Our study suggests that the joint profit in centralized system is always more than the decentralized system. Finally, the surplus profit in centralized system is shared according to their profits in decentralized system.http://dx.doi.org/10.1080/23311975.2015.1011014pricingqualitywarrantysupply chain |
| spellingShingle | Nikunja Mohan Modak Shibaji Panda Shib Sankar Sana Managing a two-echelon supply chain with price, warranty and quality dependent demand Cogent Business & Management pricing quality warranty supply chain |
| title | Managing a two-echelon supply chain with price, warranty and quality dependent demand |
| title_full | Managing a two-echelon supply chain with price, warranty and quality dependent demand |
| title_fullStr | Managing a two-echelon supply chain with price, warranty and quality dependent demand |
| title_full_unstemmed | Managing a two-echelon supply chain with price, warranty and quality dependent demand |
| title_short | Managing a two-echelon supply chain with price, warranty and quality dependent demand |
| title_sort | managing a two echelon supply chain with price warranty and quality dependent demand |
| topic | pricing quality warranty supply chain |
| url | http://dx.doi.org/10.1080/23311975.2015.1011014 |
| work_keys_str_mv | AT nikunjamohanmodak managingatwoechelonsupplychainwithpricewarrantyandqualitydependentdemand AT shibajipanda managingatwoechelonsupplychainwithpricewarrantyandqualitydependentdemand AT shibsankarsana managingatwoechelonsupplychainwithpricewarrantyandqualitydependentdemand |