Analysis of return policy for coordinating supply chain under downside risk constraints

作者：Yao Zhong · 发表于：Guanli kexue xuebao · 年份：2008 · 被引用次数：1 · 研究领域：Supply Chain and Inventory Management、Sustainable Supply Chain Management

This paper analyzes the coordination of return policy for single-period supply chain consisting of one supplier and one retailer,the latter is constrained by downside risk.We model the decision problems with ne- wsboy model and then analytically derive the optimal policies for the retailer.For the optimal decisions of sup- plier,we use the numerical method to analyze the effect of retailer downside risk on the decision variables and the profit of the supplier.Compared with the case of no risk constraints,the study has shown that the expected profits of both members of supply chain have been reduced under the control of the return policy,which means the return policy can not coordinate the supply chain under retailer downside risk constraint.We also give with a discussion of contract implementation issues and future research.