Published in

IOP Publishing, Journal of Physics: Conference Series, 1(1656), p. 012001, 2020

DOI: 10.1088/1742-6596/1656/1/012001

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Research on the pricing of the double-competition closed-loop supply chain with uncertain recycling quantity

Journal article published in 2020 by Mei Han, Xiaowei Liu
This paper is made freely available by the publisher.
This paper is made freely available by the publisher.

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Abstract

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.