IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/9918440.html
   My bibliography  Save this article

Joint Dynamic Innovation and Pricing Decisions for the ODM Supply Chain

Author

Listed:
  • Xin Wang

Abstract

More and more companies in the supply chain choose the cooperation mode of original design and manufacturing (ODM). This paper investigates the problems of the joint design innovation and pricing strategies for the ODM supply chain by considering the impact of the dynamic of quality level on market demand. First, applying differential game theory, optimal strategies for design innovation, and pricing under decentralized and centralized scenarios are obtained. At the same time, the optimal strategies under the two decision-making scenarios are compared and analyzed. Second, a two-part tariff contract is introduced to coordinate the decentralized ODM supply chain. Finally, we further establish a Nash bargaining model among members of the supply chain. It is found that, in a centralized system, the design innovation efforts, product quality levels, and supply chain profits in the decentralized decision scenario are lower than that in the centralized decision scenario, but the selling price relationship in both scenarios depends on the parameters of the operating system.

Suggested Citation

  • Xin Wang, 2021. "Joint Dynamic Innovation and Pricing Decisions for the ODM Supply Chain," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-16, July.
    • Handle: RePEc:hin:jnlmpe:9918440
    DOI: 10.1155/2021/9918440
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2021/9918440.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2021/9918440.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2021/9918440?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:9918440. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.