Lao Zhang-xi. Manufacturer and Remanufacturer Production Decisions Analysis under Policy Constraints[J]. 2020, 37(5): 22-30.DOI: 10.12052/gdutxb.190144.
Manufacturer and Remanufacturer Production Decisions Analysis under Policy Constraints
In a market consisting of both manufacturer and remanufacturer
consumers have different willingness to pay for new and remanufactured products from manufacturer and remanufactured products from remanufacturer. Against this backdrop
a study is conducted on the impacts of legislation on corporate profits
consumer surplus
environmental benefit and social welfare when formulating the constraint situation that the manufacturer should recycle the minimum proportion of new products. The results have shown that recycling rates tend to be strict
reducing manufacturer’s new product yields and increasing their prices. At the same time
the increasing recycling ratio may result in fewer remanufactured products on the market. In addition
environmental benefits are positively related to minimum recovery targets. Numerical analysis illustrates that the higher the social consumer’s willingness to pay for remanufactured products
the better the social welfare. By comparing with the recycling fund policy
the minimum recovery rate has a more significant effect on the improvement of environmental benefits.
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references
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