Supply Chain Coordination through a Revenue-Sharing Contract with Two Kinds of Fuzzy Demand
Junyan Wang, Xiazhong Li, Ziping Du
Abstract
Junyan Wang, Xiazhong Li, Ziping Du
Abstract
This paper studies a supply chain coordinated by a revenue-sharing contract in fuzzy environment. Two kinds of fuzzy programming models are discussed: revenue-sharing contract with fuzzy linear demand model and fuzzy iso-price-elastic demand model. Supply chain coordination in both centralized decision setting and centralized decision setting are achieved by obtaining the optimal solutions in the discussed settings.
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This paper studies a supply chain coordinated by a revenue-sharing contract in fuzzy environment. Two kinds of fuzzy programming models are discussed: revenue-sharing contract with fuzzy linear demand model and fuzzy iso-price-elastic demand model. Supply chain coordination in both centralized decision setting and centralized decision setting are achieved by obtaining the optimal solutions in the discussed settings.
Key concepts: Revenue sharing, Supply chain, Fuzzy logic, Revenue, Business, Supply and demand, Microeconomics, Supply chain management