Supply chain coordination with a combined contract with pending prices for a short-life-cycle product

Bin Liu, Sifeng Liu, Guanghua Qiu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.

Original languageEnglish (US)
Title of host publicationProceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007
Pages1153-1157
Number of pages5
DOIs
StatePublished - Dec 1 2007
Event2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007 - Nanjing, China
Duration: Nov 18 2007Nov 20 2007

Publication series

NameProceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007

Other

Other2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007
CountryChina
CityNanjing
Period11/18/0711/20/07

Fingerprint

Supply chains
Life cycle
Management science
Dynamic programming
Sales

All Science Journal Classification (ASJC) codes

  • Computer Science(all)
  • Artificial Intelligence
  • Control and Systems Engineering

Cite this

Liu, B., Liu, S., & Qiu, G. (2007). Supply chain coordination with a combined contract with pending prices for a short-life-cycle product. In Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007 (pp. 1153-1157). [4443453] (Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007). https://doi.org/10.1109/GSIS.2007.4443453
Liu, Bin ; Liu, Sifeng ; Qiu, Guanghua. / Supply chain coordination with a combined contract with pending prices for a short-life-cycle product. Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007. 2007. pp. 1153-1157 (Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007).
@inproceedings{bcb7fd7597c94b5aa77f5eb536ed6f9f,
title = "Supply chain coordination with a combined contract with pending prices for a short-life-cycle product",
abstract = "Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.",
author = "Bin Liu and Sifeng Liu and Guanghua Qiu",
year = "2007",
month = "12",
day = "1",
doi = "10.1109/GSIS.2007.4443453",
language = "English (US)",
isbn = "1424412943",
series = "Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007",
pages = "1153--1157",
booktitle = "Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007",

}

Liu, B, Liu, S & Qiu, G 2007, Supply chain coordination with a combined contract with pending prices for a short-life-cycle product. in Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007., 4443453, Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007, pp. 1153-1157, 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007, Nanjing, China, 11/18/07. https://doi.org/10.1109/GSIS.2007.4443453

Supply chain coordination with a combined contract with pending prices for a short-life-cycle product. / Liu, Bin; Liu, Sifeng; Qiu, Guanghua.

Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007. 2007. p. 1153-1157 4443453 (Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

TY - GEN

T1 - Supply chain coordination with a combined contract with pending prices for a short-life-cycle product

AU - Liu, Bin

AU - Liu, Sifeng

AU - Qiu, Guanghua

PY - 2007/12/1

Y1 - 2007/12/1

N2 - Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.

AB - Supply chain coordination for short-life-cycle products with price-dependent demand is a focus in present operation management and management science fields. This paper considers a supply chain coordination problem for a single-cycle and two-selling-stage short-life-cycle product. Firstly, the inventory model of whole system is depicted with a stochastic dynamics programming. Then, a combined contract with pending prices is developed to coordinate the decentralized system, and its validity for channel coordination is proved. Finally, the analysis on system performances is simulated with some examples.

UR - http://www.scopus.com/inward/record.url?scp=50249116200&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=50249116200&partnerID=8YFLogxK

U2 - 10.1109/GSIS.2007.4443453

DO - 10.1109/GSIS.2007.4443453

M3 - Conference contribution

AN - SCOPUS:50249116200

SN - 1424412943

SN - 9781424412945

T3 - Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007

SP - 1153

EP - 1157

BT - Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007

ER -

Liu B, Liu S, Qiu G. Supply chain coordination with a combined contract with pending prices for a short-life-cycle product. In Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007. 2007. p. 1153-1157. 4443453. (Proceedings of 2007 IEEE International Conference on Grey Systems and Intelligent Services, GSIS 2007). https://doi.org/10.1109/GSIS.2007.4443453