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Abstract
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Article Information:
A Two-Echelon Supply Chain of a Buyback Policy with Fuzzy Demand
Shengju Sang
Corresponding Author: Shengju Sang
Submitted: November 24, 2012
Accepted: January 17, 2013
Published: July 25, 2013 |
Abstract:
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In this study, the buyback policy for two-echelon supply chain in fuzzy demand environment is studied. The models of centralized decision and buyback policy are built by the method of fuzzy cut sets theory and their optimal policies are also proposed. Finally, an example is given to illustrate and validate the models and conclusions. It is shown that the optimal order quantity of the retailer fluctuates at the center of the fuzzy demand and decreases with the raise of the customer return rate. The optimal fuzzy expected profits for the manufacturer and retailer in supply chain decrease with increasing of the customer return rate.
Key words: Buyback policy, fuzzy demand, supply chain, triangular fuzzy number, , ,
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Cite this Reference:
Shengju Sang, . A Two-Echelon Supply Chain of a Buyback Policy with Fuzzy Demand. Research Journal of Applied Sciences, Engineering and Technology, (11): 1998-2002.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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