Coordination of Time-Varying Price Supply Chain with Risk-Averse Members under Random Order Response Time

Table 1

Symbol notation.

Symbol	Notation
	Market demand,
	Cumulative distribution function of x
	Probability density function of x
	Manufacturers’ unit production cost
	Retailers’ unit marginal cost
	Manufacturers’ unit wholesale price
	Manufacturers’ expected wholesale price
	Unit residual value
	Order quantity
	Response time,
	Cumulative distribution function of t
	Probability density function of t
	Retailer’s utility function
	Utility of the whole supply chain
	Price of unit products
	Price of unit products as t = 0
P	Expected price of unit products
	Sensitivity of p to t
	Risk aversion coefficient of the supply chain
	Risk aversion coefficient of manufacturers
	Risk aversion coefficient of the retailer
	Manufacturers’ expected profit
	Retailers’ expected profit
	Expected profit of the supply chain
	Subsidy ratio
	Revenue-sharing ratio