IOP Publishing, Journal of Physics: Conference Series, 1(1656), p. 012001, 2020
DOI: 10.1088/1742-6596/1656/1/012001
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Abstract In order to solve the uncertainty impact of recycled products on pricing decision-making and financial intervention policy in double competition closed-loop supply chain, a pricing decision-making model is built by using the game theory and MATLAB numerical simulation. The model analyses and verifies the impact of the uncertain quantity upon the competition intensity, sale and recycling prices, supply chain node companies’ profits and social welfare, recovery rate of the closed-loop supply chain from four dimensions. The research results show that the recycling and repurchase prices are increasing when the quantity of recycled products shows significant fluctuation. The profit of social welfare and sellers are increasing, but manufacturer’s profit is decreasing, which means the uncertainty on recovery quantity directly affects the manufacturers, who play a leading role in implementing remanufacturing.