Title :
Encouraging Buy-Back Contract Design Based on Retailer Reducing Price Selling
Author_Institution :
Sch. of Econ. & Manage., Henan Polytech. Univ., Jiaozuo, China
Abstract :
This paper analyzes the reason that the standard buy-back contracts can not coordinate supply chain when suppliers allow retailers to lower prices, and an encouraging buy-back contract is proposed to coordinate the supply chain. The contract allows supplier to coordinate supply chain again only by adjusting the buy-back price. Finally, a numerical analysis is given to verify these results.
Keywords :
contracts; numerical analysis; pricing; supply chains; buy back contract design; numerical analysis; reducing price selling; retailer; supply chain; Biological system modeling; Contracts; Economics; Marketing and sales; Numerical analysis; Pricing; Supply chains;
Conference_Titel :
E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
Conference_Location :
Henan
Print_ISBN :
978-1-4244-7159-1
DOI :
10.1109/ICEEE.2010.5661454
