Optimal remanufacturing decisions in supply chains considering consumers’ anticipated regret and power structures

Yang, Feng; Wang, Manman; Ang, Sheng

doi:10.1016/j.tre.2021.102267

Cited by 59 publications

(29 citation statements)

References 73 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Their analysis indicates that the reference quality effect more significantly impacts the manufacturer's pricing strategies. Yang et al [15] considered the impacts of anticipated regret (AR) on remanufacturing strategy under different power structures in closed-loop supply chain. They identified that the monopolistic manufacturer may benefits from consumers' AR behavior.…”

Section: Pricing Strategies In Remanufacturingmentioning

confidence: 99%

Remanufacturing Strategy under Cap-and-Trade Regulation in the Presence of Assimilation Effect

Guo

Chen

2022

Sustainability

View full text Add to dashboard Cite

In this paper, we consider the choice of remanufacturing strategy of a monopolist original equipment manufacturer under the cap-and-trade regulation in the presence of the assimilation effect. We model the manufacturer’s optimal decision-makings and associated profits under three different remanufacturing strategies. Our results indicate that the assimilation effect reduces the manufacturer’s motivation to become engaged in remanufacturing. Specifically, there exists a threshold for the intensity of the assimilation effect for the manufacturer to enter remanufacturing. First, when the assimilation effect is below the threshold, the manufacturer should choose to remanufacture. Otherwise, the manufacturer should only produce new products. Second, the value of the threshold for the assimilation effect is further determined by the remanufacturing’s emission advantage and the carbon trading price. In addition, when the intensity of the assimilation effect is high enough, the carbon trading price and carbon emission advantage no longer impacts the remanufacturing strategy. Lastly, our numerical examples reveal that ignoring the assimilation effect can lead to up to 56.2% loss of potential profit for the manufacturer.

show abstract

Section: Pricing Strategies In Remanufacturingmentioning

confidence: 99%

Remanufacturing Strategy under Cap-and-Trade Regulation in the Presence of Assimilation Effect

Guo

Chen

2022

Sustainability

View full text Add to dashboard Cite

show abstract

“…Luo et al [40] developed four game theory models to evaluate the impact of the carbon tax policy on manufacturing and remanufacturing decisions in a closed-loop supply chain. When new and remanufactured products coexist, consumers' willingness to buy new and remanufactured products has attracted extensive attention [41][42][43]. Gan et al [44] developed a pricing decision model for short life cycle products in a closed-loop supply chain.…”

Section: Remanufatured Supply Chain Managementmentioning

confidence: 99%

Extended Warranty Strategy and Its Environment Impact of Remanufactured Supply Chain

Zhang

Sun

et al. 2022

IJERPH

View full text Add to dashboard Cite

To reduce environmental pollution, the government has issued relevant laws and regulations, and more and more enterprises engage in remanufacturing and recycling used products. Trade old for new and trade old for remanufactured have become marketing means to promote product recycling. The extended warranty service is used to promote the recycling of waste products. To design an optimal extended warranty service strategy and analyze its environment impact in a remanufactured supply chain, game theory is used to model the competitive relationship between a manufacturer and an E-commerce platform. Considering whether the E-commerce platform provides extended warranty service, four models are constructed, and the extended warranty service strategy and its environment impact can be analyzed. The results show that, when the level of substitutability between remanufactured and new products meets a certain rage, new or remanufactured products with extended warranty service strategy can increase the demand for new or remanufactured products, respectively. In the four models, the changing trends of manufacturer’s profit, E-commerce platform’s profit and supply chain’s profit, consumer surplus, environmental impact and social welfare are the same, but only the thresholds are different. From the perspectives of supply chain member, supply chain system, consumer, environment and society, the new and remanufactured products with extended warranty service strategy is the best choice.

show abstract

“…Remanufacturing is a typical multiple-period problem because used products are recycled and remanufactured only if NPs have been used. To examine the channel designs on CLSC without the distraction of initial and terminal time period effects, following the literature (Ovchinnikov et al, 2011;Jin et al, 2017;Yang et al, 2021b), we study a steady single-period model, meaning that all players use the same strategies in every period.…”

Section: Problem Descriptions and Model Assumptionsmentioning

confidence: 99%

Design of the reverse channel for the third-party remanufacturing considering consumer education

2021

Self Cite

View full text Add to dashboard Cite

D ifferent stakeholders pay more attention to consumer education for remanufacturing. They expect to promote the advancement of the remanufacturing industry by increasing the number of consumers willing to pay for remanufactured products. In the context of consumer education, this paper investigates the influence of different collection and remanufacturing capabilities on the reverse channel designs. The results show that increased consumer education makes the OEM partially forgo the remanufacturing right and more focus on the control of the collection process of reverse channels. We further explore the impact of consumer education on different stakeholders. We find that consumer education significantly improves individual profits and supply chain profit. However, for consumers, the temperate consumer education is all-around desirable, and excessive consumer education will reduce consumer surplus. For the environment, only when the environmental friendliness of RPs is relatively high, improving consumer education will reduce the environmental impact. Furthermore, we also examine the reverse channel designs from multiple criteria and discover that profitability, consumers, and environmental goals can be consistent under certain conditions. Our study provides new insights for the design of reverse channels in the context of consumer education.

show abstract

Optimal remanufacturing decisions in supply chains considering consumers’ anticipated regret and power structures

Cited by 59 publications

References 73 publications

Remanufacturing Strategy under Cap-and-Trade Regulation in the Presence of Assimilation Effect

Remanufacturing Strategy under Cap-and-Trade Regulation in the Presence of Assimilation Effect

Extended Warranty Strategy and Its Environment Impact of Remanufactured Supply Chain

Design of the reverse channel for the third-party remanufacturing considering consumer education

Contact Info

Product

Resources

About