Managing a two-echelon supply chain with price, warranty and quality dependent demand

Nikunja Mohan Modak, Shibaji Panda and Shib Sankar Sana

This paper deals with a two-layer supply chain composed of one manufacturer and one retailer for single-type product. The demand function of the end customers depends on quality, warranty, and sales price of the product. The profit functions of the manufacturer and the retailers are maximized under centralized and decentralized approaches. Our study suggests that the joint profit in centralized system is always more than the decentralized system. Finally, the surplus profit in centralized system is shared according to their profits in decentralized system.

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Year of publication:	2015
Authors:	Modak, Nikunja Mohan ; Panda, Shibaji ; Sana, Shib Sankar
Published in:	Cogent business & management. - London : Taylor & Francis, ISSN 2331-1975, ZDB-ID 2837523-3. - Vol. 2.2015, p. 1-13
Subject:	pricing \| quality \| warranty \| supply chain \| Lieferkette \| Supply chain \| Garantie \| Warranty \| Produktqualität \| Product quality \| Lagerhaltungsmodell \| Inventory model

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1080/23311975.2015.1011014 [DOI] hdl:10419/205820 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012036770