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We develop and analyze an economic model of remanufacturing to address two main research questions. First, we explore which market, cost, and product type conditions induce a profit-maximizing firm to be a remanufacturer, given a separate (secondary) remanufactured goods market. Such markets...
Persistent link: https://www.econbiz.de/10011043222
We study quality design and the environmental consequences of green consumerism in a remanufacturing context. Specifically, a firm has the option to design a non-remanufacturable or a remanufacturable product and to specify a corresponding quality, and the design choices affect both the...
Persistent link: https://www.econbiz.de/10011208591
Persistent link: https://www.econbiz.de/10011778932
Persistent link: https://www.econbiz.de/10011990224
Motivated by many recent applications reported in the literature, we examine the impact of a second procurement opportunity on inventory management of products with short selling seasons. In our framework, the first order is placed at the start of the preseason and delivered at the start of the...
Persistent link: https://www.econbiz.de/10009218569
We study the stochastic multiperiod inventory problem in which demand in excess of available inventory is lost and unobserved so that demand data are censored. A Bayesian scheme is employed to dynamically update the demand distribution for the problem with storable or perishable inventory and...
Persistent link: https://www.econbiz.de/10010837188