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Growing Science » Decision Science Letters » A game theoretical approach for a green supply chain: A case study in hydraulic-pneumatic industry

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Decision Science Letters

ISSN 1929-5812 (Online) - ISSN 1929-5804 (Print)
Quarterly Publication
Volume 12 Issue 2 pp. 297-314 , 2023

A game theoretical approach for a green supply chain: A case study in hydraulic-pneumatic industry Pages 297-314 Right click to download the paper Download PDF

Authors: Tuğçe Dabanlı Kurt, Derya Eren Akyol

DOI: 10.5267/j.dsl.2023.1.005

Keywords: Stackelberg Game, Green Manufacturing, Sustainability, Supply Chain Management, Vendor-Buyer Models

Abstract: As customers' orientation towards environmental products increases, manufacturers and other members of the supply chain are looking for ways to conduct their operations in an environmentally and cost-effective manner. To find a solution that compensates these requests, a game theoretical approach is developed for a two-stage green supply chain consisting of a supplier and a producer. A Stackelberg game model based on asymmetric information structure is developed to find the optimal lot sizes and raw material sales price for raw material supplier, and the product sales price and the environmental cost for the producer. The developed approach is illustrated on a real-world case study that deals with production and raw material procurement processes of a plastic plug and compared to a scenario in which no environmental expenditures exist. The effect of changes in the model has been observed by tuning some significant parameters with the experimental design approach.


How to cite this paper
Kurt, T & Akyol, D. (2023). A game theoretical approach for a green supply chain: A case study in hydraulic-pneumatic industry.Decision Science Letters , 12(2), 297-314.

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Journal: Decision Science Letters | Year: 2023 | Volume: 12 | Issue: 2 | Views: 1440 | Reviews: 0

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