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Probabilistic recovery Inventory control 1
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BayIndIr, Z. Pelin 1 Dekker, Rommert 1 Porras, Eric 1
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Determination of recovery effort for a probabilistic recovery system under various inventory control policies
BayIndIr, Z. Pelin; Dekker, Rommert; Porras, Eric - In: Omega 34 (2006) 6, pp. 571-584
In this study we investigate the desired level of recovery under various inventory control policies when the success of recovery is probabilistic. All the used and returned items go into a recovery process that is modelled as a single stage operation. The recovery effort is represented by the...
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