Table 1 The parameter symbols and meanings.
Symbol | Description | Symbol | Description |
|---|---|---|---|
\(p\) | The retail price | \(k_{0}\) | The initial after-sales rate |
\(b\) | The wholesale price | \(g\) | The quality control effect |
\(f\) | The quality control level | \(c\) | The production cost of the product |
\(Q_{0}\) | The potential market size | \(e\) | The misreporting ratio |
\(m\) | The price elasticity coefficient | \(Q\) | The market demand |
\(n\) | The quality elasticity coefficient | \(q_{b}\) | The quality standard |
\(c_{x2}\) | The replacement cost | \(c_{x1}\) | The maintenance cost |
\(l\) | The expected after-sales cost of a problem product | \(q_{x}\) | The quality residual value of the problem product |
\(K\) | The after-sales rate | \(c_{0}\) | the unit introduction cost of blockchain technology |
