Research Article
Information Sharing in a Closed-Loop Supply Chain with Asymmetric Demand Forecasts
Table 2
Notations of the closed-loop supply chain model.
| Symbols | Definitions |
| | The unit cost of manufacturing a new product from raw materials | | The unit cost of remanufacturing a returned product into a new one | | The unit cost of saving due to the remanufacturing operations | | The manufacturer’s collection efficiency | | The potential market demand | | The price sensitiveness of demand | | The final market’s demand | | The holding cost per unit of inventory | | The shortage cost per unit of exceeding quantity | | The retailer’s order quantity | | The wholesale price of the manufacturer (decision variable) | | The manufacturer’s collection rate of used products (decision variable) | | The retail price of the retailer (decision variable) | | The manufacturer’s output in the MTS scenario (decision variable) |
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