Coordinated return and reuse policy for fashion goods with product life cycle

碩士 === 中原大學 === 工業工程研究所 === 95 === Due to the globally competitive environment and the diversified product demand, the product life cycle (PLC) of fashion goods is getting shorter and shorter. Because of the life time-limit and the difficulty to estimate the market demand, the manufacturer and the r...

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Bibliographic Details
Main Authors: Huai-En Chiao, 喬懷恩
Other Authors: Hui-Ming Wee
Format: Others
Language:zh-TW
Published: 2007
Online Access:http://ndltd.ncl.edu.tw/handle/12008105646371927874
Description
Summary:碩士 === 中原大學 === 工業工程研究所 === 95 === Due to the globally competitive environment and the diversified product demand, the product life cycle (PLC) of fashion goods is getting shorter and shorter. Because of the life time-limit and the difficulty to estimate the market demand, the manufacturer and the retailer will have excess or shortage of stocks at the end or start of the PLC. Furthermore, in order to raise the market share, it is critical for companies to collaborate with other players in the supply chain. The adversarial relationship must be replaced by a cordial relationship so as to respond quickly to demand and increase supply chain profits. Inventory model for fashion goods, PLC, supply chain with coordination, backorders, return and reuse policy have been developed in many papers, but very few of the researches incorporate these effects simultaneously. In this research, we consider a supply chain problem with a manufacturer and a retailer. The manufacturer compensates the retailer with return and reuse goods, while the retailer encourages large orders by providing multiple price discounts to the customers. We also consider the uncertainty of backorders and resale value of the fashion goods. Finally, we compare the expected optimal profit with and without coordination. Maple 8 and Excel software are used to implement the symbolic and the numerical analysis. A numerical example and sensitivity analysis are given to illustrate the theory.