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Inventory policies for joint remanufacturing and manufacturing have recently received much attention. Most efforts, though, were related to (optimal) policy structures and numerical optimization, rather than closed form expressions for calculating near optimal policy parameters. The focus of...
Persistent link: https://www.econbiz.de/10010731824
The profitability of remanufacturing depends on the quantity and quality of product returns and on the demand for remanufactured products. The quantity and quality of product returns can be influenced by varying quality dependent acquisition prices, i.e., by using product acquisition management....
Persistent link: https://www.econbiz.de/10010837944
We consider a joint manufacturing / remanufacturing environment with remanufacturing yield loss. Demand and return follow independent stationary Poisson processes. Returns can be disposed off upon arrival to the system. Manufacturing and remanufacturing operations performed in the same facility...
Persistent link: https://www.econbiz.de/10010837995
We describe hybrid manufacturing/remanufacturing systems with a long lead time for manufacturing and a short lead time for remanufacturing. We review the classes of inventory strategies for hybrid systems in the literature. These are all based on equal lead times. For systems with slow...
Persistent link: https://www.econbiz.de/10010730992
We explore the value of information in the context of a remanufacturer that faces uncertainty with respect to demand, product return, and product recovery (yield loss). We assume a single period model in which the operational decision of interest is the quantity of new product to order. Our...
Persistent link: https://www.econbiz.de/10010731199
Inventory policies for joint remanufacturing and manufacturing have recently received much attention. Most efforts, though, were related to (optimal) policy structures and numerical optimization, rather than closed form expressions for calculating near optimal policy parameters. The focus of...
Persistent link: https://www.econbiz.de/10010731341
While the net present value (NPV) approach is widely accepted as the right framework for studying production and inventory control systems, average cost (AC) models are more widely used. For the well known EOQ model it can be verified that (under certain conditions) the AC approach gives near...
Persistent link: https://www.econbiz.de/10010837624
Within the framework of reverse logistics, the classic economic lot-sizing problem has been extended with a remanufacturing option. In this extended problem, known quantities of used products are returned from customers in each period. These returned products can be remanufactured, so that they...
Persistent link: https://www.econbiz.de/10010731598
In this article, we investigate the profitability of remanufacturing option when the manufactured and remanufactured products are segmented to different markets and the production capacity is finite. It is assumed that remanufactured products can be substituted by the manufactured ones. A single...
Persistent link: https://www.econbiz.de/10010731782
In this paper we investigate the complexity of the economic lot-sizing problem with remanufacturing (ELSR) options. Whereas in the classical economic lot-sizing problem demand can only be satisfied by production, in the ELSR problem demand can also be satisfied by remanufacturing returned items....
Persistent link: https://www.econbiz.de/10010837897