Emergency Strategies of Closed-Loop Supply Chain with Single Retailer Recycling under Demand Disruptions
Open Access
- 22 February 2020
- journal article
- research article
- Published by Wiley in Discrete Dynamics in Nature and Society
- Vol. 2020, 1-19
Abstract
The uncertainty caused by emergencies will influence the normal operation of the supply chain. Considering demand disruptions, a closed-loop supply chain consisting of one manufacturer and two competing retailers based on decentralized decision-making is considered. In the supply chain, one retailer recovers end-of-life products while the other does not. Analytic results show that, when the disturbance of demand occurs, the manufacturer and retailers adjust the wholesale price and retail prices of products according to the direction of the market demand disruptions. Under demand disruptions, the retailer who participates in recovering can gain more profits, especially in the case of the positive disruption. Theoretic and pragmatic references for the emergency decision-making of closed-loop supply chain enterprises are provided.Keywords
Funding Information
- National Natural Science Foundation of China (71874159, 71371169, LY18G020020)
- National Natural Science Foundation of China (71874159, 71371169, LY18G020020)
- Natural Science Foundation of Zhejiang Province (71874159, 71371169, LY18G020020)
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