Joint Optimal Decisions on Pricing and Warranty Policy of Duopoly Supply Chain With One Common Retailer
Yugoslav journal of operations research, Tome 30 (2020) no. 2, p. 209
Cet article a éte moissonné depuis la source eLibrary of Mathematical Institute of the Serbian Academy of Sciences and Arts
Early researches related to the interaction between manufactures for complementary products, mainly considered price as only the dimension of competition. With
the increasing competition in capturing the market share, manufactures cannot compete
by only lowering prices. In this paper, we assume that besides the price, the manufactures
choose warranty as the competitive strategy of two different but substitutable products
in a duopoly supply chain with one common retailer. Furthermore, two cases are considered (i) only one manufacturer adopts warranty policy as a competitive strategy against
the other, (ii) both manufacturers offer warranty on their product, to study under which
situation offering a warranty becomes more pro table for a manufacturer while the other
competitive manufacturer has already adopted warranty policy. The profit functions of
the manufacturers and the retailer are then maximized under manufacturers’ cooperative
and non-cooperative strategies. We then compare the scenarios under different decision
strategies numerically, which gives some insights on changes of key parameters to help
the decision makers to capture the market.
Classification :
91B24
Keywords: Warranty, Pricing, Supply Chain Management, Quality, Stackleberg Game.
Keywords: Warranty, Pricing, Supply Chain Management, Quality, Stackleberg Game.
@article{YJOR_2020_30_2_a5,
author = {Soumita Kundu and Tripti Chakrabarti},
title = {Joint {Optimal} {Decisions} on {Pricing} and {Warranty} {Policy} of {Duopoly} {Supply} {Chain} {With} {One} {Common} {Retailer}},
journal = {Yugoslav journal of operations research},
pages = {209 },
year = {2020},
volume = {30},
number = {2},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2020_30_2_a5/}
}
TY - JOUR AU - Soumita Kundu AU - Tripti Chakrabarti TI - Joint Optimal Decisions on Pricing and Warranty Policy of Duopoly Supply Chain With One Common Retailer JO - Yugoslav journal of operations research PY - 2020 SP - 209 VL - 30 IS - 2 UR - http://geodesic.mathdoc.fr/item/YJOR_2020_30_2_a5/ LA - en ID - YJOR_2020_30_2_a5 ER -
%0 Journal Article %A Soumita Kundu %A Tripti Chakrabarti %T Joint Optimal Decisions on Pricing and Warranty Policy of Duopoly Supply Chain With One Common Retailer %J Yugoslav journal of operations research %D 2020 %P 209 %V 30 %N 2 %U http://geodesic.mathdoc.fr/item/YJOR_2020_30_2_a5/ %G en %F YJOR_2020_30_2_a5
Soumita Kundu; Tripti Chakrabarti. Joint Optimal Decisions on Pricing and Warranty Policy of Duopoly Supply Chain With One Common Retailer. Yugoslav journal of operations research, Tome 30 (2020) no. 2, p. 209 . http://geodesic.mathdoc.fr/item/YJOR_2020_30_2_a5/