Abstract

Pricing strategy in remanufacturing system of closedloop supply chain

Author(s): Jun Song, Bang-yi Li, Lei-ming Lang

This paper constructs a closed-loop supply chain model consisting of one manufacturer and one distributor. The distributor recycles wastes, and the manufacturer or the distributor assumes remanufacturing. In this system, we introduce a pricing strategy to maximize the profits of the manufacturer and the distributor. On this basis, the boundary conditions that the manufacturer or the distributor undertakes remanufacturing are given. The pricing strategy can improve total system profits