26.11.2019 | Correction
Correction to: Optimal operational strategies of capital-constrained supply chain with logistics service and price dependent demand under 3PL financing service
Erschienen in: Soft Computing | Ausgabe 4/2020
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Excerpt
Page 5, Table 1, row 3, column 1: The text c1 should read as Cl. The updated table has been copied below:
Notation
|
Description
|
---|---|
c
|
Unit manufacturing cost of the manufacturer
|
Cl
|
Unit cost of the 3PL enterprise
|
cs
|
Logistics service cost of the 3PL enterprise
|
ir
|
Financing interest rate for the retailer
|
im
|
Financing interest rate for the manufacturer
|
Br
|
Retailer’s initial capital
|
Bm
|
Manufacturer’s initial capital
|
d
|
Basic market demand
|
b
|
The sensitivity of the market demand to the retail price, referred to as the price sensitivity coefficient
|
θ
|
The sensitivity of the market demand to the logistics service level, referred to as the logistics service sensitivity coefficient
|
η
|
Logistics service cost efficiency
|
p
|
Retailer’s unit retail price (decision variable)
|
Q
|
Retailer’s order quantity from the manufacturer (decision variable)
|
w
|
Manufacturer’s wholesale price for each unit of the product (decision variable)
|
l
|
3PL enterprise’s unit logistics service price (decision variable)
|
\( \zeta \)
|
3PL enterprise’s logistics service level (decision variable)
|