This paper deals with the strategic issues of green supply chains with remanufacturing by developing analytic models for a single-manufacturer and single-retailer supply chain under cooperative and competitive settings over a multi-period planning horizon. We examine the performance of vertically decentralized two-echelon channel for deteriorating goods under a retailer-managed inventory system. The analytic results reveal that the strategic decision depends critically on the costs of remanufacturing and the competition intensity between the two versions of the product. |