Intelligent Control and Automation

Volume 2, Issue 4 (November 2011)

ISSN Print: 2153-0653   ISSN Online: 2153-0661

Google-based Impact Factor: 2.22  Citations  

Dynamic Pricing Model for the Operation of Closed-Loop Supply Chain System

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DOI: 10.4236/ica.2011.24048    5,614 Downloads   8,417 Views  Citations
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ABSTRACT

A class of closed-loop supply chain system consisting of one manufacturer and one supplier is designed, in which re-distribution, remanufacturing and reuse are considered synthetically. The manufacturer is in charge of recollecting and re-disposal the used products. Demands of ultimate products and collecting quantity of used products are described as the function of prices and reference prices. A non-linear dynamic pricing model for this closed-loop supply chain is established. A numerical example is designed, and the results of this example verified the model’s validity to price for the operation of closed-loop supply chain system.

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Xu, J. and Zhu, Y. (2011) Dynamic Pricing Model for the Operation of Closed-Loop Supply Chain System. Intelligent Control and Automation, 2, 418-423. doi: 10.4236/ica.2011.24048.

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