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  • Authors: GAO, Ju-hong; MENG, Yan-sha; WU, Feng-juan (2012)

  • Through the analysis of returning and replacing process and status against home appliance supply chain, a closed-loop supply chain super-network was established which consisted of raw material suppliers, manufacturers, retailers and consumers. And variation inequality formulation was used to model the optimizing behavior of the various decision-makers and derive the equilibrium conditions and the optimal solution of the whole supply chain, then got the rational volume and price for transaction. Finally, the model was verified by a simulation example.