Analysis of Traceability Optimization and Shareholder’s Profit for Efficient Supply Chain Operation under Product Recall Crisis

Table 2

Input parameters of traceability model.

Demand	6000 units
Production rate	9000 units
Setup cost	$300/setup
Holding cost	$1/unit
Shipment quantity	150 units
Type, size, and price of each type of raw material batches	Type 1	Type 2	Type 3	Type 4
	1000 units	500 units	500 units	300 units
	$10	$7	$8	$6
Price of finished product batch	$1
Cost of holding the recalled product	15% of product price [9]
Cost of shipping the recalled product	10% of product price [9]
Notification cost of recall	4% of product price [9]
Number of outstanding shares	10,000
Constant interest rate	8%
Estimated earnings per share	$25