E3S Web Conf.
Volume 257, 20215th International Workshop on Advances in Energy Science and Environment Engineering (AESEE 2021)
|Number of page(s)||11|
|Section||Research on Energy Consumption and Energy Industry Benefit|
|Published online||12 May 2021|
Based on the multi-level optimization model of remanufacturing and pricing balance strategy research under TIFR subsidy in China
Reading Academy, Nanjing University of Information Science & Technology, Nanjing, China
2 School of Management Science and Engineering & China Institute of Manufacturing Development, Nanjing University of Information Science & Technology, Nanjing, China
3 Eberly College of science, Pennsylvania State University, State College, America
Remanufacturing is one of the most effective forms of the recycling economy, and the “Trade-in for Remanufacturing” (TIFR) program in China plays an important role in the development of remanufacturing. To understand this new business model of remanufacturing, the price and demand relationship of the NP and RP are examined in two periods, considering TIFR subsidy which is in practice in China. Comparing integrated optimization scheme and tiered optimization scheme, this paper then researches the pricing strategy with TIFR subsidy respectively, as multi-object optimization is employed in the latter scheme. Tiered optimization pricing is found to improve the old customer’s TIFR enthusiasm, balance the remanufacturing system and work better with TIFR subsidy through numerical experiments. This paper studies the impacts of subsidy rate, receptiveness to RP, and the mixture of them, then verifies the proposed model and gives an inspiration to the management of the new remanufacturing business model about TIFR subsidy.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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