TITLE:
Supply Chain Commitment Contract Model Based on Uncertainty Theory under Uncertain Market Information
AUTHORS:
Yuquan Cui, Xiaolin Zhang, Xi Lu
KEYWORDS:
The Uncertainty Theory, Supply Chain, Commitment Contract, Information Updates
JOURNAL NAME:
Applied Mathematics,
Vol.6 No.10,
September
18,
2015
ABSTRACT: Based on the uncertainty theory, market demand information updating as the background, we study the coordination and optimization problem of three-stage supply chain in this paper. In half a asymmetric market information, participants are risk neutral; under the situation of the manufacturers and wholesalers having twice pre-season decision-making opportunity, wholesalers can be replenished in the season; manufacturers join the lowest supply contract of commitment: manufacturers for exchanging the information that they cannot get directly from the market will promise wholesalers to have a season lowest supply in pre-season. According to this contract, we establish optimization models of manufacturers and wholesalers respectively, and get the optimal strategy of supply chain members by analyzing the supply chain system. Finally, by giving a numerical example and comparing the results with that under random circumstances, the result is reasonable.