Research Article
Production Decision and Coordination Mechanism of Socially Responsible Closed-Loop Supply Chain
Table 1
Model parameter settings.
| Parameter | Represents |
| | Retail price per unit of product set by the retailer | | Unit wholesale price given by the manufacturer | | Recovery price for used products | | Production cost of new products | | Production cost saved by the retailer from remanufactured products | | Impact factors of social responsibility level on consumers’ willingness to pay | | Patent licensing fee for manufacturer-licensed remanufacturing | | Manufacturer’s level of CSR | | Ratio of CSR-sensitive consumers | | Market capacity | | The profit function of the enterprise , , where represents the manufacturer and represents the retailer |
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