Rebate Policy and Ordering Decision for Agricultural Product Supply Chain with Weather Risk
Yang Lei
Ma Gui-mei
Zhang Zhi-yong
Abstract:In order to analyze the impact of weather risk on agricultural supply chain , a rebate model based on cobweb theory has been built first .And it involves three parameters like lead time , weather temperature and order quantity .This model effectively controls weather risk on agricultural supply chain.Then, by the method of risk measurement CVaR , optimal ordering strategy for wholesales is figured out.Finally, with a numerical example, it analyzes profit of supply chain members.It is shown that rebate model can play a role of profit transfer , and help to reduce the market price , increase market sales, even weaken agricultural product’ sales uncertainty.All these contribute to the profitability of agricultural supply chain .
Keywords:agricultural productcobweb theoryweather riskrebate modelrisk measurement
Publication Date:2015-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:7( 64-70 )
Industrial Engineering Journal

Industrial Engineering Journal

PKUISTIC
ISSN:1007-7375
Year, Vol.(Issue):2015,(1)