Joint Pricing and Inventory Management of Interbasin Water Transfer Supply Chain

Chen, Xue; Chen, Zhisong

doi:10.1155/2020/3954084

Cited by 5 publications

(2 citation statements)

References 31 publications

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“…In 2019, water supply chain equilibrium and coordination were studied in [31]; in addition, fairness factors are considered to compare the supply chain performances, social welfare, and consumer surplus under different equilibrium strategies and coordination strategies. In 2020, literature [34] revealed that revenue and cost sharing contract could effectively coordinate and improve the water supply chain performance (Figure 1 and Table 1).…”

Section: Literature Reviewmentioning

confidence: 99%

Analysis on the Water Supply Chain Model under Revenue-Sharing Contract considering Marketing Effort, Water Purity

Huang

De-shan

2021

Mathematical Problems in Engineering

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A two-tier water supply chain including a manufacturer and a retailer under revenue-sharing contract is constructed. And the contribution of the model is that marketing effort and water purity has been considered. First, four models including the centralized model (model B) and decentralized models (models BM, I, and II) are established and analyzed. Second, the Stackelberg game model is used to discuss the pricing strategy of water supply chain members in centralized and decentralized scenarios. The comparison results show that revenue-sharing contract is beneficial to improve the level of product greening, the profit of supply chain members, and the overall profit of the water supply chain compared with model BM. However, it leads to the decrease of retailers’ green marketing efforts and the wholesale price of water. In addition, revenue-sharing contract through bargaining makes bigger influence than revenue-sharing contract. Marketing can stimulate the increase of the green product’s market demand on one hand, and on the other hand, it generates the amount of marketing cost. In this study, the profit is that marketing produces cannot offset the cost that it brings. Thus, it will be important to take some measures to make up the loss that marketing generated.

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Section: Literature Reviewmentioning

confidence: 99%

Analysis on the Water Supply Chain Model under Revenue-Sharing Contract considering Marketing Effort, Water Purity

Huang

De-shan

2021

Mathematical Problems in Engineering

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“…In the literature of Chen and Wang [12], the operational strategy and policy for internal incentives and subsidy in a water-saving service supply chain under the scenario with maximum social welfare are discussed. Chen and Chen [13] developed, analyzed, and compared four decision models of game theory in two cases of considering or without considering backlogging for the interbasin water transfer supply chain. Loss of water transport in the condition of joint pricing and stock management is considered.…”

Section: Literature Reviewmentioning

confidence: 99%

Decision-Making Optimization of Risk-Seeking Retailer Managed Inventory Model in a Water Supply Chain

Hou

Xin

2021

Discrete Dynamics in Nature and Society

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Water retailer managed inventory is a classical and inevitable inventory management mode in present economic society. Stochastic models can more clearly explain demand uncertainty and are closely related to water supply chains. Risk preferences are widely valued in behavioral operation management. Related to the risk preferences in inventory management, the research on risk aversion is dominant, while risk-seeking is insufficient. Based on the model assumptions, the risk-seeking retailer’s optimal decision-making inventory model with stochastic demand in a water supply chain is studied. The risk-seeking retailer’s optimal inventory quantity, optimal inventory cost, supplier profit, retailer profit, and the profit of the entire water supply chain are derived. The validity of the equations is proved. The sensitivity analysis of the risk-seeking retailer’s optimal inventory decision-making is carried out. The risk level effects on the five dimensions, the retail price, wholesale price, unit shortage cost, unit inventory cost, and unit residual value, are displayed through numerical simulation. The optimal inventory quantity and optimal inventory cost of the risk-seeking retailer are obtained.

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Green Operations Management of Interbasin Water Transfer Project: An Extended Framework of Joint Pricing and Inventory Management

Wang

Xue

Peng

et al. 2022

Discrete Dynamics in Nature and Society

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To achieve sustainable operations management of an interbasin water transfer (IBWT) project, we proposed and analyzed decentralized and coordination decision models of water-green-degree (WGD) efforts for the IBWT project, based on the thinking of green supply chain within an extended framework of joint pricing and inventory management. Subsequently, detailed numerical and sensitivity analyses are carried out, which is followed by theoretical and practical insights. The following can be drawn from the research: (1) the IBWT project would achieve better operational performance through making WGD efforts and implementing green supply chain management. (2) Coordination strategy outperforms the decentralized one in terms of the operational performance in the management of IBWT green supply chain. (3) A revenue and cost sharing contract based on Nash bargaining could help promote coordination of the IBWT green supply chain.

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Joint Pricing and Inventory Management of Interbasin Water Transfer Supply Chain

Cited by 5 publications

References 31 publications

Analysis on the Water Supply Chain Model under Revenue-Sharing Contract considering Marketing Effort, Water Purity

Analysis on the Water Supply Chain Model under Revenue-Sharing Contract considering Marketing Effort, Water Purity

Decision-Making Optimization of Risk-Seeking Retailer Managed Inventory Model in a Water Supply Chain

Green Operations Management of Interbasin Water Transfer Project: An Extended Framework of Joint Pricing and Inventory Management

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