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