Volume 7 Number 7 (Jul. 2012)
Home > Archive > 2012 > Volume 7 Number 7 (Jul. 2012) >
JSW 2012 Vol.7(7): 1562-1568 ISSN: 1796-217X
doi: 10.4304/jsw.7.7.1562-1568

Research on Pareto Improvement of Two-Stage Supply Chain Based on Return and Penalty Policy

Wenqing Sun
Department of management science and engineering, Henan Institute of Engineering, 451191 Zhengzhou, china

Abstract—This paper does research on order quantity and profits of members in cooperative and non-cooperative supply chains. First, the supply and demand model of members of non-cooperative supply chains is established, and optimization research on order quantity and price variables in this model has been carried out. Then the cooperation model in returnable cooperative supply chain is built by introducing return and penalty variables, and optimization strategy has been provided. Finally the analog simulation of both models is conducted. It turns out that larger order quantity and better maximum total profits can be achieved in cooperative supply chains compared with that in non-cooperative ones when prices are same. Cooperative model can accomplish Pareto improvement.

Index Terms—two-stage supply chain, supply chain contract, return and penalty policy, Pareto improvement

[PDF]

Cite: Wenqing Sun, "Research on Pareto Improvement of Two-Stage Supply Chain Based on Return and Penalty Policy," Journal of Software vol. 7, no. 7, pp. 1562-1568, 2012.

General Information

ISSN: 1796-217X (Online)
Frequency:  Bimonthly (Since 2020)
Editor-in-Chief: Prof. Antanas Verikas
Executive Editor: Ms. Yoyo Y. Zhou
Abstracting/ Indexing: DBLP, EBSCO, Google Scholar, ProQuest, INSPEC(IET), ULRICH's Periodicals Directory, WorldCat, etc
E-mail: jsw@iap.org
  • Apr 26, 2021 News!

    Vol 14, No 4- Vol 14, No 12 has been indexed by IET-(Inspec)     [Click]

  • Jun 22, 2020 News!

    Papers published in JSW Vol 14, No 1- Vol 15 No 4 have been indexed by DBLP     [Click]

  • Sep 13, 2021 News!

    The papers published in Vol 16, No 6 have all received dois from Crossref    [Click]

  • Jan 28, 2021 News!

    [CFP] 2021 the annual meeting of JSW Editorial Board, ICCSM 2021, will be held in Rome, Italy, July 21-23, 2021   [Click]

  • Sep 13, 2021 News!

    Vol 16, No 6 has been published with online version     [Click]