Title :
A Quantity Flexibility Contract with Price Dependent Demand
Author :
Lei Quansheng ; Jiang DongQing
Author_Institution :
Beijing Univ. of Posts & Telecommun., Beijing, China
Abstract :
This paper is the coordination of two periods´ Supply chain with price dependent demand, and a rebate and penalty contact is introduced. Compared Supply chains with quantity flexibility contract and without quantity flexibility contract, it´s proved that the quantity flexibility model with rebate and penalty can coordinate and optimize the whole supply chain, and can improve the profits of all sides.
Keywords :
pricing; profitability; supply chain management; penalty contact; price dependent demand; profits; quantity flexibility contract; rebate; supply chain; Biological system modeling; Contracts; Manufacturing; Marketing and sales; Stochastic processes; Supply chains;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5577424