Title :
Research on supply chain network equilibrium problem with multi-type suppliers
Author :
Zhang Gui-tao ; Sun Hao ; Hu Jin-song
Author_Institution :
Sch. of Manage. Sci. & Eng., Qingdao Univ., Qingdao, China
Abstract :
A supply chain network equilibrium problem with two-type suppliers is investigated, in which the manufacturer´s risk-averse character and the price rigidities of consumer market are considered. The behaviors of various decision makers including the suppliers, the manufactures, the retailers and the consumers are modeled via finite-dimensional variational inequality, respectively. Then the governing supply chain network equilibrium model is established. The logarithmic-quadratic proximal prediction-correction algorithm is designed to solve the model. Finally numerical examples are given to analyze the impact of price ceiling, raw material conversion rates under different BOM, and risk-averse degree of the manufacturer upon the network equilibrium and a series of management insights are obtained.
Keywords :
predictor-corrector methods; pricing; supply chain management; BOM; consumer market; decision makers; finite-dimensional variational inequality; logarithmic-quadratic proximal prediction-correction algorithm; manufacturer risk-averse character; multitype suppliers; price ceiling; price rigidity; raw material conversion rates; retailers; supply chain network equilibrium problem; two-type suppliers; Artificial neural networks; Cost function; Government; Manganese; Raw materials; Supply chains; multi-type suppliers; price rigidities; risk averse; supply chain network; variational inequalities;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2014 11th International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4799-3133-0
DOI :
10.1109/ICSSSM.2014.6874124