Pricing, manufacturing and inventory policies for raw material in a three-level supply chain

Ata Allah Taleizadeh and Mahsa Noori-daryan

International Journal of Systems Science, 2016, vol. 47, issue 4, 919-931

Abstract: We studied a decentralised three-layer supply chain including a supplier, a producer and some retailers. All the retailers order their demands to the producer and the producer order his demands to the supplier. We assumed that the demand is price sensitive and shortage is not permitted. The goal of the paper is to optimise the total cost of the supply chain network by coordinating decision-making policy using Stackelberg–Nash equilibrium. The decision variables of our model are the supplier's price, the producer's price and the number of shipments received by the supplier and producer, respectively. To illustrate the applicability of the proposed model numerical examples are presented.

Date: 2016
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Citations: View citations in EconPapers (6)

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DOI: 10.1080/00207721.2014.909544

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