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Remanufacturing Decisions with WTP Discrepancy and Uncertain Quality of Product Returns
Shu, Tong1; Xu, Jiajia1; Chen, Shou1; Wang, Shouyang2; Lai, Kin Keung3
2018-07-01
Source PublicationSUSTAINABILITY
ISSN2071-1050
Volume10Issue:7Pages:23
AbstractIn a remanufacturing system, the uncertain quality of the product returns tends to impact the manufacturer's price of returns and remanufacturing. This article introduces the quality coefficient of waste products on the basis of the analysis of the structure of the remanufacturing cost. It explores the remanufacturing cost function, the recycling price function, and the recycling rate function. In the marketing process, new products compete with remanufactured products. Different consumers show different levels of degrees of acceptance of remanufactured products, contributing to the uncertainty of the willingness to pay for remanufactured products. The price of remanufactured products is always lower than that of new products, allowing price-sensitive consumers to turn to remanufactured products. This shows that product pricing has an impact on the market demand. Considering the difference between consumer willingness to pay and the quality of product returns, this article aims to construct a game model consisting of manufacturers, retailers, and consumers, with the manufacturers as leaders. The optimal pricing decisions of the production in supply chain members have been solved, and sensitivity of the model is analyzed through examples.
Keywordremanufacturing quality coefficients willingness to pay game model production pricing decision
DOI10.3390/su10072123
Language英语
Funding ProjectNational Natural Science Foundation of China[71771080] ; National Natural Science Foundation of China[71790593] ; National Natural Science Foundation of China[71521061] ; National Natural Science Foundation of China[71642006] ; National Natural Science Foundation of China[71473155]
WOS Research AreaScience & Technology - Other Topics ; Environmental Sciences & Ecology
WOS SubjectGREEN & SUSTAINABLE SCIENCE & TECHNOLOGY ; Environmental Sciences ; Environmental Studies
WOS IDWOS:000440947600014
PublisherMDPI
Citation statistics
Document Type期刊论文
Identifierhttp://ir.amss.ac.cn/handle/2S8OKBNM/31138
Collection系统科学研究所
Affiliation1.Hunan Univ, Business Sch, Changsha 410082, Hunan, Peoples R China
2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China
3.Shaanxi Normal Univ, Int Business Sch, Xian 710062, Shaanxi, Peoples R China
Recommended Citation
GB/T 7714
Shu, Tong,Xu, Jiajia,Chen, Shou,et al. Remanufacturing Decisions with WTP Discrepancy and Uncertain Quality of Product Returns[J]. SUSTAINABILITY,2018,10(7):23.
APA Shu, Tong,Xu, Jiajia,Chen, Shou,Wang, Shouyang,&Lai, Kin Keung.(2018).Remanufacturing Decisions with WTP Discrepancy and Uncertain Quality of Product Returns.SUSTAINABILITY,10(7),23.
MLA Shu, Tong,et al."Remanufacturing Decisions with WTP Discrepancy and Uncertain Quality of Product Returns".SUSTAINABILITY 10.7(2018):23.
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