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Research on Multi-Period Closed-Loop Supply Chain Network Equilibrium Based on Consumers' Preference for Products

Author

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  • Xiu Guoyi

    (Harbin University of Science and Technology, China)

  • Duan Caiquan

    (Harbin University of Science and Technology, China)

  • Zhang Yubin

    (Harbin University of Commerce, China)

  • Zhang Yunhui

    (Harbin University of Science and Technology, China)

Abstract

This paper comprehensively analyzes the impact of consumer preference for products in a multi-period closed-loop supply chain network (CLSCN) equilibrium. This paper is based on the multi-period CLSCN equilibrium model of remanufacturers' recoveries and multiple planning periods. The consumer preference for products at multiple planning periods are respectively divided into dynamic and static conditions. Moreover, the intervention of government is considered. Meanwhile, the variational inequalities are employed to separately depict the optimal behaviors and equilibrium conditions of the supply chain network. The results show that when the consumer preference for new products is static, the impact of consumer preference for new products has a significant impact on the multi-period CLSCN. If consumer preference for new products is dynamic, at the preliminary planning period, the impact of consumer preference for new products on the multi-period CLSCN will be better defined.

Suggested Citation

  • Xiu Guoyi & Duan Caiquan & Zhang Yubin & Zhang Yunhui, 2020. "Research on Multi-Period Closed-Loop Supply Chain Network Equilibrium Based on Consumers' Preference for Products," International Journal of Information Systems and Supply Chain Management (IJISSCM), IGI Global, vol. 13(4), pages 68-94, October.
    • Handle: RePEc:igg:jisscm:v:13:y:2020:i:4:p:68-94
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    Cited by:

    1. Hu, Xiaowei & Li, Peng, 2022. "Relief and stimulus in a cross-sector multi-product scarce resource supply chain network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 168(C).

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