tModeling and analyzing pricing and inventory problem in a closed loop supply chain with return policy and multiple manufacturers and multiple sales channels using game theory

Nazari, Leila; Seifbarghy, Mehdi; Setak, Mostafa

doi:10.24200/sci.2017.4459

Cited by 9 publications

(6 citation statements)

References 26 publications

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“…For example, Huang and Wang [31] examine the effect of remanufacturing of returned products under different models by applying the Stackelberg game. Nazari et al [32] examine the pricing and ordering policies in the CLSC by using the Nash and Stackelberg games. Maiti & Giri [33] study a CLSC under five different scenarios using the Stackelberg and Nash games.…”

Section: Game Theory In the Clscsmentioning

confidence: 99%

Pricing Strategy for Reproduction of Worn-out Ball and Gate Valves in Oil and Gas Industry: Using Game Theory on Four Closed-loop Supply Chain Scenarios

2022

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Collecting and remanufacturing worn-out products provide significant financial advantages. In this research, we examine how remanufacturing worn-out ball and gate valves, which are important pieces of equipment in the oil and gas industry, could improve the profitability of the closed-loop supply chain. In this regard, four different scenarios for collecting and remanufacturing processes are considered: (1) the manufacturer collects the worn-out product from the consumers and remanufactures them, (2) the retailer collects the worn-out products and both manufacturer and retailer remanufacture them, (3) the third party collects the worn-out products and both manufacturer and third party remanufacture them, and (4) the manufacturer collects the worn-out products without remanufacturing them. To formulate the interactions of the CLSC members under the four different scenarios, we use the Nash and Manufacturer-Stackelberg games. Accordingly, the optimal decision variables i.e., the acquisition price, wholesale price, and retail price are calculated under four scenarios. Then, the optimal solutions are compared in four scenarios. In addition, the optimal profit of the closed-loop supply chain and members are obtained under the different scenarios. The results show that in the Nash game, Scenario 2 is the best scenario. However, in the Stackelberg game, Scenario 3 is the best scenario.

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Section: Game Theory In the Clscsmentioning

confidence: 99%

Pricing Strategy for Reproduction of Worn-out Ball and Gate Valves in Oil and Gas Industry: Using Game Theory on Four Closed-loop Supply Chain Scenarios

2022

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“…Lan et al [19] analyzed the competition and coordination in a three-tier supply chain under demand uncertainty in which the manufacturer sells the product to the retailer through two competing distributors. Through game-theoretic modeling approach, Nazari et al [20] analyzed the optimal pricing and inventory policy in a CLSC with multiple manufacturers and multiple sales channels. In order to focus on collaborative product quality improvement, Chakraborty et al [21] addressed cost-sharing contract in a supply chain comprising two competing manufacturers and a common retailer.…”

Section: Competition In Forward And/or Reverse Channelmentioning

confidence: 99%

Coordinating a closed-loop green supply chain for remanufactured product under competition

Mondal

Giri

2021

Scientia Iranica

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The success of any remanufacturing system depends on proper supply of used product. However, in the real-world, many remanufacturers are unable to collect used products directly from customers. This article considers a closed-loop green supply chain consisting of a single remanufacturer, two competing retailers and two competing collectors for dealing with used and remanufactured products. Considering the effect of acquisition prices and greening level on collection quantity, and that of selling prices and greening level on the market demand, closed-form solutions are derived for a centralized model and two decentralized models depending on collectors' cooperation and competition. Optimal results of the decentralized models are compared to find the best decentralized policy. Moreover, a novel multi-link two-part tariff contract among the channel members is proposed to resolve the channel coordination issue.The results indicate that (i) cooperation between the collectors is only beneficial for themselves while competition between them is favorable from the viewpoint of the whole supply chain;(ii) utilization ratio has a noteworthy effect on the performance of the supply chain; (iii) the proposed contract assists the collectors with getting more than double transfer price and the remanufacturer to improve its profit over 21% compared to the decentralized setting.

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“…Tweet texts are usually lacking a formal writing standard and because of that each text is purified by implementing the steps in Table 1 to create a sounder model [ 30 , 31 ]. Purpose of the data preprocessing is to achieve more sensible results by decreasing the size of feature [ 32 – 34 ].…”

Section: Proposed Systemmentioning

confidence: 99%

Sentiment Analysis of Shared Tweets on Global Warming on Twitter with Data Mining Methods: A Case Study on Turkish Language

Kırelli

Arslankaya

2020

Computational Intelligence and Neuroscience

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As the usage of social media has increased, the size of shared data has instantly surged and this has been an important source of research for environmental issues as it has been with popular topics. Sentiment analysis has been used to determine people's sensitivity and behavior in environmental issues. However, the analysis of Turkish texts has not been investigated much in literature. In this article, sentiment analysis of Turkish tweets about global warming and climate change is determined by machine learning methods. In this regard, by using algorithms that are determined by supervised methods (linear classifiers and probabilistic classifiers) with trained thirty thousand randomly selected Turkish tweets, sentiment intensity (positive, negative, and neutral) has been detected and algorithm performance ratios have been compared. This study also provides benchmarking results for future sentiment analysis studies on Turkish texts.

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tModeling and analyzing pricing and inventory problem in a closed loop supply chain with return policy and multiple manufacturers and multiple sales channels using game theory

Cited by 9 publications

References 26 publications

Pricing Strategy for Reproduction of Worn-out Ball and Gate Valves in Oil and Gas Industry: Using Game Theory on Four Closed-loop Supply Chain Scenarios

Pricing Strategy for Reproduction of Worn-out Ball and Gate Valves in Oil and Gas Industry: Using Game Theory on Four Closed-loop Supply Chain Scenarios

Coordinating a closed-loop green supply chain for remanufactured product under competition

Sentiment Analysis of Shared Tweets on Global Warming on Twitter with Data Mining Methods: A Case Study on Turkish Language

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