scholarly journals Managing Distrust-Induced Risk with Deposit in Supply Chain Contract Decisions

2014 ◽  
Vol 2014 ◽  
pp. 1-14 ◽  
Author(s):  
Guanghua Han ◽  
Ming Dong ◽  
Qi Sun
Keyword(s):  
Supply Chain ◽  
Information Sharing ◽  
Decision Process ◽  
Perceived Risk ◽  
Stackelberg Game ◽  
Two Stage ◽  
Supply Chain Contract ◽  
Second Stage ◽  
Production Quantity

This paper studies the trust issue in a two-echelon supply chain information sharing process. In a supply chain, the retailer reports the forecasted demand to the supplier. Traditionally, the supplier’s trust in the retailer’s reported information is based on the retailer’s reputation. However, this paper considers that trust is random and is also affected by the reputation and the demand gap. The supplier and retailer have been shown to have different evaluations regarding the degree of trust. Furthermore, distrust is inherently linked to perceived risk. To mitigate perceived risk, a two-stage decision process with an unpayback deposit contract is proposed. At the first stage, the supplier and the retailer negotiate the deposit contract. At the second stage, a Stackelberg game is used to determine the retailer’s reported demand and the supplier’s production quantity. We show that the deposits from the retailer’s and supplier’s perspectives are different. When the retailer’s reported demand is equal to the supplier’s forecasted demand, the retailer’s evaluation of the deposit is more than that of supplier’s. When the retailer’s reported demand is equal to the retailer’s forecasted demand, the deposit from the retailer’s perspective is at the lowest level.

Decision Models of Supply Chain Under Asymmetric Information with Demand Disruption

2010 ◽  
Vol 143-144 ◽  
pp. 773-781
Author(s):  
Xin Rong Jiang ◽  
Yong Chao Li
Keyword(s):  
Supply Chain ◽  
Asymmetric Information ◽  
Stackelberg Game ◽  
Wholesale Price ◽  
Retail Price ◽  
Expected Profit ◽  
Decision Models ◽  
Market Demand ◽  
Optimal Production ◽  
Production Quantity

This paper studied the influence of asymmetric information and demand disruption on the decision of the supply chain. We analyzed the supply chain decision models based on a Stackelberg game under normal circumstances and demand disruption situation. The conclusion indicates when the market demand is disrupted, the optimal wholesale price, the retail price, the supplier’s expected profit and the supply chain system’s expected profit change in the same direction as the demand disruption, while the optimal production quantity and the retailer’s profit both have certain robustness under disruption. Finally we gave a numerical example to illustrate our analysis.

scholarly journals Research on Efficiency of Animation Enterprises Based on Two-Stage DEA Network System Model of Sharing Input Resources

2021 ◽  
Vol 2021 ◽  
pp. 1-7
Author(s):  
Shuo Zhang ◽  
Xuemei Yang ◽  
Jian Zhang ◽  
Mengjie Liao ◽  
Lin Qi
Keyword(s):  
Production Quality ◽  
System Model ◽  
Network System ◽  
Research Model ◽  
Two Stage ◽  
Second Stage ◽  
Production Quantity ◽  
Overall Efficiency ◽  
Stage Efficiency

This research constructs a two-stage DEA network system model of shared input resources to evaluate the efficiency of animation companies: the first-stage efficiency to reflect the production quantity and the second-stage efficiency to reflect the production quality of animation products, where the quality of animation products is judged based on the market recognition of the animation products. The overall efficiency in the research model is used to describe the development of animation enterprises. According to the result, it is concluded that the overall efficiency of the surveyed animation companies and the efficiency of each sub-stage have shown an upward trend, which is in line with the growth of the company's development.

Supply Chain Performance Evaluation With Rough Two-Stage Data Envelopment Analysis Model: Noncooperative Stackelberg Game Approach

2017 ◽  
Vol 17 (4) ◽  
Author(s):  
Morteza Shafiee
Keyword(s):  
Supply Chain ◽  
Performance Evaluation ◽  
Data Envelopment Analysis ◽  
Rough Set Theory ◽  
Stackelberg Game ◽  
Data Envelopment Analysis Model ◽  
Data Envelopment ◽  
Analysis Model ◽  
Managerial Decision ◽  
Two Stage

Rapidly changing environment has affected organizations' ability to maintain viability. As a result, various criteria and uncertain situations in a complex environment encounter problems when using the traditional performance evaluation with precise and deterministic data. The purpose of this paper is to propose an applicable model for evaluating the performance of the overall supply chain (SC) network and its members. Performance evaluation methods, which do not include uncertainty, obtain inferior results. To overcome this, rough set theory (RST) was used to deal with such uncertain data and extend rough noncooperative Stackelberg data envelopment analysis (DEA) game to construct a model to evaluate the performance of supply chain under uncertainty. This applies the concept of Stackelberg game/leader–follower in order to develop models for measuring performance. The ranking method of noncooperative two-stage rough DEA model is discussed. While developing the model, which is suitable to evaluate the performance of the supply chain network and its members when it operates in uncertain situations and involves a high degree of vagueness. The application of this paper provides a valuable procedure for performance evaluation in other industries. The proposed model provides useful insights for managers on the measurement of supply chain efficiency in uncertain environment. This paper creates a new perspective into the use of performance evaluation model in order to support managerial decision-making in the dynamic environment and uncertain situations.

Value Analysis on Inventory Information Sharing in Supply Chain

2013 ◽  
Vol 712-715 ◽  
pp. 3063-3066 ◽  
Author(s):  
Li Xia Zhou ◽  
Tai Jie Li ◽  
Shi Yu Li
Keyword(s):  
Supply Chain ◽  
Quantitative Analysis ◽  
Information Sharing ◽  
Inventory Control ◽  
Performance Improvement ◽  
Inventory Cost ◽  
Two Stage ◽  
Control Policies ◽  
Value Analysis ◽  
Supply Chain Partnerships

This paper attempts to illustrate the benefits of supply chain partnerships with information sharing, especially with the inventory information sharing. Based on a two-stage supply chain comprising a retailer and a manufacturer, quantitative analysis have been performed to explore supply chain members' optimal inventory control policies, specifically, both the retailer and the manufacturer can obtain performance improvement in terms of inventory cost with the inventory information sharing.

GROUP FORMATION IN A SIMULATED SCAVENGER HUNT: HOW BIG AND DIVERSE SHOULD A SUCCESSFUL GROUP BE?

2007 ◽  
Vol 35 (1) ◽  
pp. 31-40
Author(s):  
W. Andrew Harrell
Keyword(s):  
University Students ◽  
Decision Process ◽  
Group Formation ◽  
Two Stage ◽  
Male And Female ◽  
Second Stage ◽  
Geographically Dispersed ◽  
Successful Group ◽  
The University

Male and female university students (121) received 1 of 8 scenarios describing a hypothetical scavenger hunt. Subjects could form a group to assist them in the hunt or work alone. Groups could be homogeneous or diverse in terms of gender, age, and familiarity. Completion of the task would result in a prize of 1,000. Subjects indicated how this payoff would be distributed to the group. Twenty minutes or 90 minutes were given to find the designated objects. Their task was also varied in terms of the number of items that needed to be discovered (4 items or 8 items) and whether or not these items were locally available (on the campus of the university they attended) or were geographically dispersed throughout the surrounding city. Subjects engaged in a two-stage decision process. In the first stage, a decision was made concerning the size of the group formed (if any) and its homogeneity or diversity in membership. Larger groups were chosen when 8 versus 4 items were gathered and when the items were geographically dispersed. Groups tended to be more diverse when items were dispersed rather than locally concentrated and when time was short (20 minutes). Payoff division was a second-stage decision. Equity versus equality in distribution was more likely to occur when groups were large and diverse in membership.

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