Discrete Dynamics in Nature and Society

Research Article

Research on Two-Level Price-Fluctuation Supply Chain Ordering Strategy Problem

Table 1

Major characteristics of ordering models from selected literature studies.
LiteratureDecision-makerThe number of sales stageThe way the retail price changes in each stageThe correlation between price and demand
RR&SOSTSMSOUPNUPRPFRAM/MMCopula-ROR
Ye and Sun [10]✓—✓——✓———✓——
Mu et al. [11]✓—✓———✓—✓———
Tapiero [18]✓—✓————✓———✓
Tapiero and Kogan [19]✓—✓————✓———✓
Khouja et al. [9]✓——✓—✓——✓———
Khouja [6]✓———✓✓——✓———
Pang et al. [7]✓———✓✓———✓——
Federgruen and Heching [8]✓———✓✓———✓——
Venegas and Ventura [15]—✓✓———✓—✓———
Shah et al. [13]—✓——✓—✓——✓——
Widyadana and Wee [14]—✓——✓✓—————✓
Jadidi et al. [12]—✓—✓—✓———✓——
Xu and Li [23]✓—✓————✓——✓—
Our article—✓—✓———✓——✓—
Note: R: retailer; R&S: retailer and supplier; OS: one stage; TS: two stages; MS: multistages; OUP: one unique price, i.e., no change in price; NUP: nonunique price; RP: random change in price; FR: fixed relationship; AM/MM: additive or multiplicative random mode; Copula-R: Copula relationship; OR: other relationship.