Return policies in supply chain system with quick response strategy
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    Abstract:

    With long lead-time , the wide impact of order decision is very inaccurate. Quick response strategy con2 sists of dealing with this problem and enables orders to be placed closed to the start of the selling season. Retailers can adjust their order quality after gathered more and better demand information. But quick response strategy may not always make both manufacturers and retailer’s benefits better. Ref 1. showed that under low service levels QR improves both retailer and manufacturer profits , but we would not observe such lower service levels in practice. The original purpose of this paper is to investigate the return polices in the supply chain system with QR strategy. Under some conditions , return policies will make QR system Pareto improving. In this paper , the author also consider changing of the expected quantity sold and the expected quantity shortage and the expected quantity left over

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