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Your search keyword '"price-dependent demand"' showing total 5 results
Start Over Descriptor "price-dependent demand" Publication Type Electronic Resources
5 results on '"price-dependent demand"'

1. Application of Renewable Energy in Production and Supply Chain Management.

Author

Sarkar, Biswajit and Sarkar, Biswajit

Subjects
History of engineering & technology, carbon-emission, control theory, controllable production rate, distribution free approach, electrical energy consumption, energy, failure rate, healthcare supply chain management, imperfect production, inflation, inventory, location-allocation, multi-item production, multi-item smart production, perishability factor, platelets, price-dependent demand, random breakdown, random failure and repair rates, renewable energy, safety stock, service level constraint, smart production system, stochastic production capacity, supply chain management, sustainable electrical energy supply chain, sustainable manufacturing system, system reliability, transmission and distribution costs, transportation discount, unreliable production system, variable development cost, variable holding cost
Abstract

Summary: The use of the energy and its resources have changed dramatically in last few decades. The increasing use of technology and electrification increases the demand for energy, with impacts natural energy resources. At present, industries are trying to reduce the direct use of traditional energy by utilizing renewable energy as an alternative energy resource. Recent studies have attempted to optimize consumed energies for entire systems by using alternative energies. These alternatives are different kinds of renewable energies which provide numerous new possibilities to survive without using non-renewable energies. The production industry is moving toward smart production using the technology of the fourth industrial revolution. In this book, energy consumption for production and supply chain management are explained through presentation of some the latest major research advances. These studies collectively contribute new ideas and strategies in enriching the literature.

2. Supply chain coordination with risk-averse agents under refund-dependent or price-dependent demands

Abstract

This thesis examines a 2-stage supply chain that features a buyback contract between a manufacturer and a retailer under uncertain demand and consumer returns policy with partial refund amount. The supply chain is optimized using the utility of profit that includes the mean and variance of profit. The optimal values of buyback price, wholesale price, and retailer’s order quantity are determined for the coordination situation of the decentralized supply chain when its members are risk averse. Two patterns of demands are considered including refund-dependent demand and price-dependent demand. Through a computational study, the impacts of the members’ risk attitudes, refund amount, and/or retail price on the optimal decisions are investigated under the two patterns of demands for both coordinated and uncoordinated supply chains. For a coordinated supply chain, the supply chain adjusts the optimal values of order quantity, buyback and wholesale prices to reach the optimal utilities of profits in the supply chain when the risk attitude(s), or refund amount, and/or retail price change. For an uncoordinated supply chain, where one of the agents makes off-optimal decision, the impacts of making such off-optimal decisions are investigated in terms of losses in the expected profit and utility of profit. Further analysis of the price-dependent demand case shows that there are break-even points of the expected profit and utility values at different retail prices as the risk attitude parameters or refund amount change. The break-even points provide a guideline on how to adjust the retail price to maximize the utilities of profits as function of other parameters.

Published
2015

3. Supply chain coordination with risk-averse agents under refund-dependent or price-dependent demands

Abstract

This thesis examines a 2-stage supply chain that features a buyback contract between a manufacturer and a retailer under uncertain demand and consumer returns policy with partial refund amount. The supply chain is optimized using the utility of profit that includes the mean and variance of profit. The optimal values of buyback price, wholesale price, and retailer’s order quantity are determined for the coordination situation of the decentralized supply chain when its members are risk averse. Two patterns of demands are considered including refund-dependent demand and price-dependent demand. Through a computational study, the impacts of the members’ risk attitudes, refund amount, and/or retail price on the optimal decisions are investigated under the two patterns of demands for both coordinated and uncoordinated supply chains. For a coordinated supply chain, the supply chain adjusts the optimal values of order quantity, buyback and wholesale prices to reach the optimal utilities of profits in the supply chain when the risk attitude(s), or refund amount, and/or retail price change. For an uncoordinated supply chain, where one of the agents makes off-optimal decision, the impacts of making such off-optimal decisions are investigated in terms of losses in the expected profit and utility of profit. Further analysis of the price-dependent demand case shows that there are break-even points of the expected profit and utility values at different retail prices as the risk attitude parameters or refund amount change. The break-even points provide a guideline on how to adjust the retail price to maximize the utilities of profits as function of other parameters.

Published
2015

4. Supply chain coordination with risk-averse agents under refund-dependent or price-dependent demands

Abstract

This thesis examines a 2-stage supply chain that features a buyback contract between a manufacturer and a retailer under uncertain demand and consumer returns policy with partial refund amount. The supply chain is optimized using the utility of profit that includes the mean and variance of profit. The optimal values of buyback price, wholesale price, and retailer’s order quantity are determined for the coordination situation of the decentralized supply chain when its members are risk averse. Two patterns of demands are considered including refund-dependent demand and price-dependent demand. Through a computational study, the impacts of the members’ risk attitudes, refund amount, and/or retail price on the optimal decisions are investigated under the two patterns of demands for both coordinated and uncoordinated supply chains. For a coordinated supply chain, the supply chain adjusts the optimal values of order quantity, buyback and wholesale prices to reach the optimal utilities of profits in the supply chain when the risk attitude(s), or refund amount, and/or retail price change. For an uncoordinated supply chain, where one of the agents makes off-optimal decision, the impacts of making such off-optimal decisions are investigated in terms of losses in the expected profit and utility of profit. Further analysis of the price-dependent demand case shows that there are break-even points of the expected profit and utility values at different retail prices as the risk attitude parameters or refund amount change. The break-even points provide a guideline on how to adjust the retail price to maximize the utilities of profits as function of other parameters.

Published
2015

5. Supply chain coordination with risk-averse agents under refund-dependent or price-dependent demands

Abstract

This thesis examines a 2-stage supply chain that features a buyback contract between a manufacturer and a retailer under uncertain demand and consumer returns policy with partial refund amount. The supply chain is optimized using the utility of profit that includes the mean and variance of profit. The optimal values of buyback price, wholesale price, and retailer’s order quantity are determined for the coordination situation of the decentralized supply chain when its members are risk averse. Two patterns of demands are considered including refund-dependent demand and price-dependent demand. Through a computational study, the impacts of the members’ risk attitudes, refund amount, and/or retail price on the optimal decisions are investigated under the two patterns of demands for both coordinated and uncoordinated supply chains. For a coordinated supply chain, the supply chain adjusts the optimal values of order quantity, buyback and wholesale prices to reach the optimal utilities of profits in the supply chain when the risk attitude(s), or refund amount, and/or retail price change. For an uncoordinated supply chain, where one of the agents makes off-optimal decision, the impacts of making such off-optimal decisions are investigated in terms of losses in the expected profit and utility of profit. Further analysis of the price-dependent demand case shows that there are break-even points of the expected profit and utility values at different retail prices as the risk attitude parameters or refund amount change. The break-even points provide a guideline on how to adjust the retail price to maximize the utilities of profits as function of other parameters.

Published
2015

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