Research Article

Green Product Pricing and Purchasing Strategies in a Two-Period Supply Chain considering Altruistic Preferences

Table 1

Notations.

Respectively

Supply chain
The market size
The sensitivity of consumers to price
The sensitivity of consumers to the greening level
The greening level of products
The altruistic preference of the retailer
The altruistic preference of the manufacturer
The investment sensitivity of the green manufacturer to MIGPs
The unit inventory holding cost
The total profit of the green supply chain

Manufacture
The unit wholesale price in period ,
The total profit of the manufacture
The utility of the manufacture

Retailer
The unit selling price in period ,
The selling quantity of the retailer in period ,
The ordering quantity of the retailer in period ,
The quantity of items which carried over the period 1 to period 2
The total profit of the retailer
The utility of the retailer

Superscript
The manufacturer’s behavioral preference , where represents rational, represents altruistic the retailer’s behavioural preference whether to hold strategic inventory , represents holding strategic inventory, represents no strategic inventory. For example, “ARI” means an altruistic manufacturer and a rational retailer in a two-period supply chain for MIGPs, and the retailer holds strategic inventory.