Optimal decisions in a remanufacturing supply chain under money‐back guarantees
This study establishes a remanufacturing supply chain (RSC) consisting of a manufacturer and a retailer, in which the retailer offers a money‐back guarantee (MBG) with a full refund for consumers, and investigates the pricing decisions in four remanufacturing cases by considering the quality of retu...
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| Veröffentlicht in: | Managerial and decision economics 2023-06, Vol.44 (4), p.2254-2277 |
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| container_title | Managerial and decision economics |
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| creator | Tang, Juan Song, An‐Lin Liu, Chang‐Yi Liu, Zhi |
| description | This study establishes a remanufacturing supply chain (RSC) consisting of a manufacturer and a retailer, in which the retailer offers a money‐back guarantee (MBG) with a full refund for consumers, and investigates the pricing decisions in four remanufacturing cases by considering the quality of returns. Our results show that controlling remanufacturing costs can enable both members to achieve a win–win situation in most remanufacturing cases. When the consumer's acceptance level for remanufactured products is low (high), a high return rate of non‐defective returns losses (benefits) the retailer's profit but does not losses the manufacturer's profit. |
| doi_str_mv | 10.1002/mde.3816 |
| format | Article |
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Our results show that controlling remanufacturing costs can enable both members to achieve a win–win situation in most remanufacturing cases. When the consumer's acceptance level for remanufactured products is low (high), a high return rate of non‐defective returns losses (benefits) the retailer's profit but does not losses the manufacturer's profit.</description><identifier>ISSN: 0143-6570</identifier><identifier>EISSN: 1099-1468</identifier><identifier>DOI: 10.1002/mde.3816</identifier><language>eng</language><publisher>Chichester: Wiley Periodicals Inc</publisher><subject>Consumers ; Money ; Supply</subject><ispartof>Managerial and decision economics, 2023-06, Vol.44 (4), p.2254-2277</ispartof><rights>2023 John Wiley & Sons, Ltd.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c3836-a4d1f1508a822063400fd43897623ed04adba3d9c3cdc336c3f15ced498fc75d3</citedby><cites>FETCH-LOGICAL-c3836-a4d1f1508a822063400fd43897623ed04adba3d9c3cdc336c3f15ced498fc75d3</cites><orcidid>0000-0002-0177-2833</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://onlinelibrary.wiley.com/doi/pdf/10.1002%2Fmde.3816$$EPDF$$P50$$Gwiley$$H</linktopdf><linktohtml>$$Uhttps://onlinelibrary.wiley.com/doi/full/10.1002%2Fmde.3816$$EHTML$$P50$$Gwiley$$H</linktohtml><link.rule.ids>314,776,780,1411,27903,27904,45553,45554</link.rule.ids></links><search><creatorcontrib>Tang, Juan</creatorcontrib><creatorcontrib>Song, An‐Lin</creatorcontrib><creatorcontrib>Liu, Chang‐Yi</creatorcontrib><creatorcontrib>Liu, Zhi</creatorcontrib><title>Optimal decisions in a remanufacturing supply chain under money‐back guarantees</title><title>Managerial and decision economics</title><description>This study establishes a remanufacturing supply chain (RSC) consisting of a manufacturer and a retailer, in which the retailer offers a money‐back guarantee (MBG) with a full refund for consumers, and investigates the pricing decisions in four remanufacturing cases by considering the quality of returns. Our results show that controlling remanufacturing costs can enable both members to achieve a win–win situation in most remanufacturing cases. 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| identifier | ISSN: 0143-6570 |
| ispartof | Managerial and decision economics, 2023-06, Vol.44 (4), p.2254-2277 |
| issn | 0143-6570 1099-1468 |
| language | eng |
| recordid | cdi_proquest_journals_2809451879 |
| source | Wiley Online Library Journals Frontfile Complete; Business Source Complete |
| subjects | Consumers Money Supply |
| title | Optimal decisions in a remanufacturing supply chain under money‐back guarantees |
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