Table 2

Description of the symbols

SymbolsDescription
μp(t)Level of effort of the capacity supplier
μq(t)Level of effort of the third-party shared manufacturing platform
μd(t)Level of effort of the capacity demander
Q(t)Market Demand
σ1Coefficient of influence of the level of effort of the capacity supplier on market demand
σ2Coefficient of influence of the level of effort of the third-party shared manufacturing platform on market demand
σ3Coefficient of influence of the level of effort of the capacity demander on market demand
δStock decay coefficient of market demand due to timeliness when the effort of participating subjects is zero
τPrice of leasing idle resources per unit of production on the capacity demander
pThe market price
αsCommissions paid by capacity supplier to third-party shared manufacturing platform per unit of output
αdCommissions paid by capacity demander to the third-party shared manufacturing platform per unit of output
CpFCpsCpoFixed, shared and opportunity costs on capacity supplier
CqCosts of the third-party shared manufacturing platform
CdLCdpSharing and production operating costs of the capacity demander
KpThe coefficient of influence of the effort level of the capacity supplier on the sharing cost
KqThe coefficient of influence of the effort level of the third-party shared manufacturing platform on the sharing cost
KdThe coefficient of influence of the level of effort of the capacity demander on the operating costs
λpThe coefficient of the effect of the level of effort of the capacity supplier on the opportunity cost
SpRevenue from own production on the capacity supplier
RpRevenue sharing on the capacity supplier
LpLong-term revenue for the capacity suppliers
RqRevenue of the third-party shared manufacturing platform
RdRevenue from sales on the capacity demander
IdInnovation spillovers on the capacity demander
ξCoefficient of effect of effort of the capacity suppliers on long-run returns
ζCoefficient of influence of the level of effort on the capacity demander on innovation spillovers
rDiscount rate

or Create an Account

Close Modal
Close Modal