Research Article

A Game Theory Approach for Supply Chain Coordination Model with Incentive Mechanisms of Discount and Delay in Payments

Table 4

The initial values collected from The Shahid Tondgooyan Petrochemical Co.

ParametersDescriptionValue

It is determined, corresponding to the supply chain members3
Indicating the supplier4
Indicating the manufacturer’s raw materials4
Indicating the manufacturer’s manufactured products4
Indicates the retailer10
Number of transportations from the supplier to the manufacturer per period of the manufacturer’s raw materials30
Number of transportations from the manufacturer to the retailer per period of the retailer156
The raw material needed to manufacture the final product4
Permissible delay in payment from factor 3
Settlement time for each factor 1
Currency discount from factor to their customer2-3%
Annual demand rate under scenario ,350000 ton
Length of time period12
Annual profit for each factor 3–5%