Closed-loop supply chain model analysis
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2019
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2562
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eng
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117 leaves
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b211053
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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National Institute of Development Administration. Library and Information Center
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Jariya Seksan (2019). Closed-loop supply chain model analysis. Retrieved from: https://repository.nida.ac.th/handle/662723737/6824.
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Closed-loop supply chain model analysis
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Abstract
In this dissertation, we analyzed the closed-loop supply chain with buyback
contract. We considered the model with one manufacturer and one retailer. First, we
derived the optimal order quantity, the optimal contract parameter and consider the
condition that buyback contract can coordinate supply chain. Next, we extended the
first part by considering for the return policy. We considered when customers return
follows the customer’s willingness to return function which depends on return price.
We derived the optimal return price and the optimal order quantity follows that price.
We found that the optimal return price depends on the buyback price offered by the
manufacturer. Then, we considered when the retailer engages in secondary market.
The retailer sells the returned product at discount price of the new product in the
secondary market. We derived for the optimal resale unit and secondary product price.
We found that the retailer can gain more profit when selling returned product in
secondary market. In addition, we found that buyback contract can coordinate closedloop supply chain.
Using numerical results, some of the relationships between parameters and the
expected profits were shown. The results showed that when the wholesale price
increases, the order quantity and retailer’s expected profit decrease, but the
manufacturer’s expected profit increases. Besides, when the buyback price increases,
the order quantity and the retailer’s expected profit increase, but manufacturer’s
expected profit decreases. The results also show that the return price 𝑟 and the
buyback contract parameters (𝑤, 𝑏) affect the performances of closed-loop supply chain and both manufacturer and retailer receive more profit when the retailer sets the
optimal return price.
Finally, we present the special topic of using buyback contract in closed-loop
supply chain to achieve sustainability: case of electrical and electronic equipment
(EEE) and show that supply chain sustainability can be achieved through a buyback
contract.
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Thesis (Ph.D. (Applied Statistics))--National Institute of Development Administration, 2019