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coordination model is given based on buyback cost and compensation benefit. Finally the coordination mechanism is set up in which … flexible allocation of the profit can be achieved in the multi-retailer supply chain by the buyback and compensation contracts … compensation contracts. Furthermore the perfect supply chain coordination and the flexible allocation of the profit are achieved. …
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This paper examines a supply chain consisting of a single manufacturer and a single retailer, who faces with demand uncertainty. We investigate how customer returns influence the retailer's ordering decision as well as the profits of the manufacturer and the retailer. When the refund amount is...
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