Abstract
Overall the benefit of Supply Chain Based on probabilistic production and power equilibrium, the influencing factors of the decision-making of probabilistic productions are studied in this paper. Firstly, the correlation function of profit is formed by solving the lowest utility of products. Then numerical simulation and example research are carried out. The results show that, there is a positive correlation property between the two types of products which formed probabilistic production and supply chain efficiency. At the same time, manufacture and retailer should also pay attention to the proportion of the two types of products in order to achieve the best overall benefit. The conclusion in this paper has practical significance, it has a significant impact on the decision-making under the power equilibrium.
Highlights
With the rapid development of technology and information, probabilistic selling has gradually come into people’s vision
This paper focuses on probabilistic products, under the premise of power equilibrium, this paper studies the impact of product differentiation on the overall efficiency of supply chain
This paper focuses on probabilistic products, expounds how the supply chain should make decisions under the equilibrium of power institutions
Summary
With the rapid development of technology and information, probabilistic selling has gradually come into people’s vision. It plays an important role in many fields. Considering the risk and strategy of the whole supply chain, Cai et al [5] and Zheng et al [6] analyzed it from a more diversified perspective. Fay et al [9] and Rice et al [10] discussed the relationship between probabilistic sales and market, and introduced probabilistic sales into deeper research. None of these studies involved the probability product itself. This paper focuses on probabilistic products, under the premise of power equilibrium, this paper studies the impact of product differentiation on the overall efficiency of supply chain
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