China Safety Science Journal ›› 2024, Vol. 34 ›› Issue (10): 221-228.doi: 10.16265/j.cnki.issn1003-3033.2024.10.0310

• Emergency technology and management • Previous Articles     Next Articles

Research on joint reserve decision-making of government and enterprises under quantity flexibility contract

GONG Lingjun(), JIANG Xingyu, GUO Keting**()   

  1. International Business School, Hainan University, Haikou Hainan 570228, China
  • Received:2024-04-23 Revised:2024-07-21 Online:2024-10-28 Published:2025-04-28
  • Contact: GUO Keting

Abstract:

To improve the applicability and scalability of the joint reserve model for social emergency supplies, and reduce the reserve risks of the government and manufacturers, raw material suppliers were used to propose a government-led Stackelberg three-tier joint reserve model of government and enterprises under a quantity flexibility contract. In this model, the government and manufacturer engaged in joint a stockpile of physical emergency supplies, while the suppliers were responsible for stockpiling raw materials for the production of emergency supplies. The inverse-order solution method in game theory was used to analyze the optimal reserve quantity of the three parties to balance the expected profit and cost. Moreover, the advantages of the proposed three-tier supply chain model involving government and enterprises were evaluated. Finally, the model performance was validated by numerical simulation and sensitivity analysis. The results demonstrated that the three-tier joint government-enterprise stockpile model not only improved the overall emergency stockpile volume under specific market conditions but also reduced the government's storage risk. Furthermore, it can enhance the profitability of high-performing enterprises and reinforce the structure and efficacy of the emergency stockpile system.

Key words: quantity flexibility contract, joint reserves of government and enterprises, emergency supplies, reserve of raw materials, three-tier supply chain

CLC Number: