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Research on Double Contracts Selection with Recyclers' Competition of Closed-Loop Supply Chain Based on Multi-Agent Model

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  • 1. School of Management, China University of Mining &Technology, Xuzhou 221116, China;
    2. Nanjing University of Finance & Economics, Nanjing 210003, China

Received date: 2013-07-17

  Revised date: 2014-04-29

  Online published: 2015-08-19

Abstract

The competition of recyclers is a typical characteristic of many closed-loop supplies in chain. In order to effectively coordinate competitive recyclers' decision-making, remanufacturing enterprises need to provide two or more recycling contracts at the same time to effectively identify the different types of recyclers. A model of closed loop supply chain comprised by a single manufacturer and many recyclers with Multi-Agent model is constructed. In this model, recyclers compete with each other, face two different contracts at the same time: the simple price contract and quantity contract and continuously optimize their recycling cost. Through the numerical simulation of the model, this paper draws the following conclusions: double contracts than a single contract is more advantageous to the closed-loop supply chain coordination; there is not a stable convergence prices when many recyclers competing; recycling costs down to closed-loop supply chain optimization has important value for long-time optimization. The conclusion of this paper is better explain to the situation of closed-loop supply chain practice in our country, and this paper expands the scope of theoretical research and provides the theory support for the closed-loop supply chain participants in the decision-making at the same time the method is easy to remanufacture.

Cite this article

HE Chao, SONG Xue-feng, FENG Chun-hua . Research on Double Contracts Selection with Recyclers' Competition of Closed-Loop Supply Chain Based on Multi-Agent Model[J]. Chinese Journal of Management Science, 2015 , 23(8) : 75 -83 . DOI: 10.16381/j.cnki.issn1003-207x.2015.08.009

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