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The Effect of Money-Back Guarantee and Customer Value on Dual-Channel Supply Chain

查看全文 作  者:Limin [1]Wang;Qiankun [2]Song;Zhenjiang [3]Zhao 高影响力作者 机构地区:[1]School of Economics and Management, Chongqing Jiaotong University, Chongqing 400074, China;[2]Department of Mathematics, Chongqing Jiaotong University, Chongqing 400074, China;[3]Department of Mathematics, Huzhou University, Huzhou 313000, China高影响力机构 出  处:《Journal of Systems Science and Systems Engineering》索引2019年第28卷第5期,共19页高影响力期刊 摘  要:This paper investigates the effect of money-back guarantee (MBG) and customer value on dualchannel supply chain.Manufacturer could produce and sell old generation product by direct channel to compete with new generation product by retail channel.Both retailer and manufacturer could choose whether implementing the MBG strategy or not.This paper discusses whether manufacturer should open the direct channel,how to make MBG strategy to realize maximum profits,and how customer value influences the supply chain.We give the boundary conditions of four situations about the decisions of retailer and manufacturer GG situation,GN situation,NG situation and NN situation.We find that MBG strategy by retailer brings higher retail unit price,MBG strategy by manufacturer brings higher direct unit price and influences the wholesale price by the net salvage value of new generation product.This paper shows that if the demand was positive,opening the direct channel always benefits the manufacturer.Besides,customer value affects demands of two channels and the threshold value of parameter is given in this paper. 关 键 词:Money-back GUARANTEE CUSTOMER value DUAL-CHANNEL supply chain product choice
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