Impacts of decision sequences on a random yield supply chain with a service level requirement
Impacts of decision sequences on a random yield supply chain with a service level requirement
复制标题
决策序列对具有服务水平要求的随机产量供应链的影响
DOI:
10.1007/s10479-016-2275-4
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发表时间:
2018
影响因子:
4.8
通讯作者:
Liu Mengqi
中科院分区:
文献类型:
--
作者:
He Bo;Li Guo;Liu Mengqi
The last decade has witnessed a rising trend of social network structures where decision making may be influenced by members’ channel power. This paper considers a decentralized supply chain that comprises a random yield supplier and a manufacturer with a service level requirement. The supplier determines the production quantity while the manufacturer decides on the replenishment quantity. We investigate several game-theoretic models with respect to decision sequences of the supplier and manufacturer with a service level requirement. We compare firms’ equilibrium production/order quantity and profits under these models. Both firms achieve a higher payoff in the manufacturer-leader game than in the supplier-leader and simultaneous move games, which indicates that the manufacturer-leader game is Pareto efficient from the channel structure perspective. A critical value is observed at the service level, beyond which the supplier’s profit decreases, while the manufacturer’s profit increases in the service level requirement. Interestingly, the critical value is independent of the models and it just depends on the wholesale price and production cost. We also examine the decentralized random yield supply chain under the vendor-managed inventory arrangement. Finally, numerical computations are conducted to evaluate supply chain performance with respect to various parameters.