Performance Evaluation Study on Supply Chain for Short-Life-Circle Products—Illustrated by the Case of LCD TV

Abstract

According to the characteristics of short-life-cycle products analyzed, we adopted Bass-model method to forecast the demand for products and proposed a research framework based on simulation. Meanwhile, study the influence degree of every experimental variable (including demand form and each uncertainty, etc.) on supply chain for LCD TV aiming at typical supply chain for LCD TV and adopt the performance indexes such as total profit, total finished goods quantity, fill rate, and flow time to the relevant example analysis and validation.

Share and Cite:

X. Zou and Y. He, "Performance Evaluation Study on Supply Chain for Short-Life-Circle Products—Illustrated by the Case of LCD TV," iBusiness, Vol. 4 No. 4, 2012, pp. 309-317. doi: 10.4236/ib.2012.44039.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] B. A. Pastenack, “Optimal Pricing and Returns Policies of Perishable Commodities,” Marketing Science, Vol. 4, No. 4, 1985, pp. 166-176. doi:10.1287/mksc.4.2.166
[2] Kurawarwala and Matsuo, “A System Modeling Framework for the Strategic Supply Chain Management of Food Supply Chains,” Journal of Food Engineering, Vol. 11, No. 6, 2005, pp. 351-364.
[3] T. Higuchi and M. D. Troutt, “Dynamic Simulation of the Supply Chain for a Short Life Cycle Product Lessons from the Tamagotchii Case,” Computers & Operations Research, Vol. 31, No. 7, 2004, pp. 1097-1114. doi:10.1016/S0305-0548(03)00067-4
[4] X. H. Xu, “Inventory Management and Operation Strategy of Short-Life-Cycle Product,” Material Press, China, 2007.
[5] L. J. Ding, G. P. Xia and J. Ge, “Supply Chain Coordination with Contract under Twice Producing and Ordering Model,” Journal of Management Sciences in China, Vol. 7, No. 4, 2004, pp. 24-32.
[6] B. Liu, “The Coordination Mechanisms and Modeling of Supply Chain for a Short-Life-Cycle Product,” Ph.D. Thesis, Nanjing University of Aeronautics and Astronautics, Nanjing, 2005.
[7] T. P. Zhang and J. H. Jiang, “Construction of Three-Tier Supply Chain Performance Evaluation Index System,” Seeker, Vol. 9, No. 6, 2010, pp. 38-40.
[8] S. J. Li, Z. B. Zhu and L. H. Huang, “Supply Chain Coordination and Decision Making under Consignment Contract with Revenue Sharing,” International Journal of Production Economics, Vol. 12, No. 1, 2009, pp. 88-99. doi:10.1016/j.ijpe.2008.07.015
[9] R. Mark and F. M. Frascatore, “Long-Term and Penalty Contracts in a Two-Stage Supply Chain with Stochastic Demand,” European Journal of Operational Research, Vol. 18, No. 6, 2008, pp. 147-156. doi:10.1016/j.ejor.2006.10.056
[10] J. Y. Wang, R. Q. Zhao and W. S. Tang, “Supply Chain Coordination by Single-Period and Long-Term Contracts with Fuzzy Market Demand,” Tsinghua Science and Technology, Vol. 14, No. 2, 2009, pp. 218-224. doi:10.1016/S1007-0214(09)70033-1

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.