Supply Chain Commitment Contract Model Based on Uncertainty Theory under Uncertain Market Information

Yuquan Cui; Xiaolin Zhang; Xi Lu

doi:10.4236/am.2015.610153

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Supply Chain Commitment Contract Model Based on Uncertainty Theory under Uncertain Market Information

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DOI: 10.4236/am.2015.610153 2,934 Downloads 3,553 Views

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Yuquan Cui, Xiaolin Zhang, Xi Lu

Affiliation(s)

School of Mathematics, Shandong University, Jinan, China.

ABSTRACT

Based on the uncertainty theory, market demand information updating as the background, we study the coordination and optimization problem of three-stage supply chain in this paper. In half a asymmetric market information, participants are risk neutral; under the situation of the manufacturers and wholesalers having twice pre-season decision-making opportunity, wholesalers can be replenished in the season; manufacturers join the lowest supply contract of commitment: manufacturers for exchanging the information that they cannot get directly from the market will promise wholesalers to have a season lowest supply in pre-season. According to this contract, we establish optimization models of manufacturers and wholesalers respectively, and get the optimal strategy of supply chain members by analyzing the supply chain system. Finally, by giving a numerical example and comparing the results with that under random circumstances, the result is reasonable.

KEYWORDS

The Uncertainty Theory, Supply Chain, Commitment Contract, Information Updates

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

Cui, Y. , Zhang, X. and Lu, X. (2015) Supply Chain Commitment Contract Model Based on Uncertainty Theory under Uncertain Market Information. Applied Mathematics, 6, 1727-1739. doi: 10.4236/am.2015.610153.

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