Table 2 Optimal decisions and maximal expected profits
From: Uncertain pricing decision problem in closed-loop supply chain with risk-averse retailer
Decision scenario | α | \({w}_{r}^{*}\) | τ ∗ | π m | p ∗ | π r | π m +π r |
|---|---|---|---|---|---|---|---|
EV | - | 185.9999 | 0.2807 | 4119.13 | 221.5714 | 996.45 | 5115.58 |
0.6 | 152.8141 | 0.2797 | 5303.43 | 198.6293 | 2111.14 | 7414.57 | |
0.7 | 155.4727 | 0.2865 | 5556.37 | 197.2485 | 1970.43 | 7526.80 | |
CC | 0.8 | 158.0673 | 0.2932 | 5808.88 | 195.9011 | 1824.65 | 7633.53 |
0.9 | 160.6000 | 0.2997 | 6060.80 | 194.5857 | 1674.26 | 7735.06 | |
1 | 163.0732 | 0.3060 | 6311.95 | 193.3013 | 1519.72 | 7831.67 |