Peng Zhang
Research Subjects
Peng Zhang has a total of 5 co-authors. Here are the top co-authors by number of shared publications:
- Hao Sun
School of Business, Qingdao University, Qingdao, China
1 shared publication - Jian Li
College of Information Management, Nanjing Agricultural University, Nanjing 211800, China
1 shared publication - Junfei Ding
School of Business Jiangnan University Wuxi 214122 China
1 shared publication - Lingyun He
School of Economics and Management, China University of Mining and Technology, Xuzhou, China
1 shared publication - Wenbin Wang
China University of Mining and Technology
1 shared publication
Latest Publications
- Open Access
- 1 January 2019
- Published by American Institute of Mathematical Sciences (AIMS) in Journal of Industrial and Management Optimization
- Vol. 15 (1) , 199-219
Closed-loop supply chain network equilibrium model with retailer-collection under legislation
This paper examines the waste of electrical and electronic equipments (WEEE) and draws on variational inequalities to model the closed-loop supply chain network. The network consists of manufacturers, retailers and consumer markets engaging in a Cournot-Nash game. Retailers are responsible for collecting WEEE in the network. It is assumed that the price of the remanufactured goods is different from that of the newly manufactured ones. The network equilibrium occurs when all players agree on volumes and prices. Several properties of the model are examined and the modified projection method is utilized to obtain the optimal solutions. Numerical examples are provided to illustrate the impact of CLSC parameters on the profits of channel members and consumer benefits, and to provide policy support for governments. We find that it is necessary to regulate a medium collection rate and a certain minimum recovery rate. This is also advantageous to manufacturers in producing new manufactured products. The impact of collection rate and recovery rate on manufacturers are greater than that on retailers. Consumers can benefit from the increase of the recovery rate as well as the collection rate.
- 1 January 2019
- Published by American Institute of Mathematical Sciences (AIMS) in Journal of Industrial and Management Optimization
- Vol. 15 (1) , 199-219
Open AccessClosed-loop supply chain network equilibrium model with retailer-collection under legislation
This paper examines the waste of electrical and electronic equipments (WEEE) and draws on variational inequalities to model the closed-loop supply chain network. The network consists of manufacturers, retailers and consumer markets engaging in a Cournot-Nash game. Retailers are responsible for collecting WEEE in the network. It is assumed that the price of the remanufactured goods is different from that of the newly manufactured ones. The network equilibrium occurs when all players agree on volumes and prices. Several properties of the model are examined and the modified projection method is utilized to obtain the optimal solutions. Numerical examples are provided to illustrate the impact of CLSC parameters on the profits of channel members and consumer benefits, and to provide policy support for governments. We find that it is necessary to regulate a medium collection rate and a certain minimum recovery rate. This is also advantageous to manufacturers in producing new manufactured products. The impact of collection rate and recovery rate on manufacturers are greater than that on retailers. Consumers can benefit from the increase of the recovery rate as well as the collection rate.