IMECH-IR  > 流固耦合系统力学重点实验室
COORDINATION OF DUAL-CHANNEL SUPPLY CHAIN CONSIDERING DIFFERENTIAL PRICING AND LOSS-AVERSION BASED ON QUALITY CONTROL
Zhao, Chao1; Song JX(宋吉祥)2,3
Source PublicationJOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION
2023-04-01
Volume19Issue:4Pages:2507-2527
ISSN1547-5816
Abstract

This paper investigates the coordination of dual-channel supply chain under quality control with a loss-averse manufacturer and a loss-averse retailer. Facing various uncertain factors, supply chain members tend to show loss aversion, which makes their actual decision deviate from the optimal decision without considering loss aversion. Therefore, the loss aversion effect function is applied to characterize the loss aversion of members. Besides, under quality control, utility model is constructed under centralized decision and decentralized decision, and the optimal decisions are solved according to the principle of utility maximization. Further, by analyzing and comparing the optimal strategies of two typical decision structures, the wholesale price and the quality cost-sharing contract is designed to coordinate the dual-channel supply chain, and the contract is proved to be valid. Finally, the impacts of the parameters change on the optimal quality level and order price are presented through the sensitivity analysis. It is found that quality control strategy and loss aversion degree of supply chain members affect the setting of coordination contract parameters and utility of supply chain. Moreover, the coordination of dual-channel supply chain is conducive to improving the level of product quality and reducing the price difference between channels.

KeywordSupply chain management quality control loss-aversion price differ-ence dual-channel supply chain
DOI10.3934/jimo.2022053
Indexed BySCI ; EI
Language英语
WOS IDWOS:000787561300001
WOS KeywordRISK-AVERSE ; NEWSVENDOR PROBLEM ; PRODUCT QUALITY ; DEMAND ; DECISION ; MODEL ; MANUFACTURER ; MANAGEMENT ; COST
WOS Research AreaEngineering ; Operations Research & Management Science ; Mathematics
WOS SubjectEngineering, Multidisciplinary ; Operations Research & Management Science ; Mathematics, Interdisciplinary Applications
Funding ProjectTianjin Municipal Commission of Education[2021SK146]
Funding OrganizationTianjin Municipal Commission of Education
ClassificationQ3
Ranking2
ContributorZhao, Chao
Citation statistics
Cited Times:2[WOS]   [WOS Record]     [Related Records in WOS]
Document Type期刊论文
Identifierhttp://dspace.imech.ac.cn/handle/311007/89025
Collection流固耦合系统力学重点实验室
Affiliation1.Tianjin Univ Commerce, Sch Management, Tianjin 300134, Peoples R China;
2.Univ Chinese Acad Sci, Sch Engn Sci, Beijing 100049, Peoples R China;
3.Chinese Acad Sci, Inst Mech, Key Lab Mech Fluid Solid Coupling Syst, Beijing 100049, Peoples R China
Recommended Citation
GB/T 7714
Zhao, Chao,Song JX. COORDINATION OF DUAL-CHANNEL SUPPLY CHAIN CONSIDERING DIFFERENTIAL PRICING AND LOSS-AVERSION BASED ON QUALITY CONTROL[J]. JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION,2023,19,4,:2507-2527.
APA Zhao, Chao,&Song JX.(2023).COORDINATION OF DUAL-CHANNEL SUPPLY CHAIN CONSIDERING DIFFERENTIAL PRICING AND LOSS-AVERSION BASED ON QUALITY CONTROL.JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION,19(4),2507-2527.
MLA Zhao, Chao,et al."COORDINATION OF DUAL-CHANNEL SUPPLY CHAIN CONSIDERING DIFFERENTIAL PRICING AND LOSS-AVERSION BASED ON QUALITY CONTROL".JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION 19.4(2023):2507-2527.
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