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

Bin Liu, Sifeng Liu, Robin G. 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

All Science Journal Classification (ASJC) codes

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

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