Normal view MARC view

Lot sizing for optimal collection and use of remanufacturable returns over a finite life-cyle

Author: Atasu, Atalay ; Cetinkaya, SilaINSEAD Area: Technology and Operations ManagementIn: Production and Operations Management, vol. 15, no. 4, winter 2006 Language: EnglishDescription: p. 473-487.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: In order to recover the highest value from remanufactured products, collection rates, return timings, and reusability rates of used product returns should be matched with the market demand and available supply. With these motivations, we develop analytical models for the efficient use of returns in making production, inventory, and remanufacturing decisions under finite life cycles. We consider a stylistic setting where a collector collects used product returns and ships them to the manufacturer who, in turn, recovers value by remanufacturing and supplies products within the finite life cycle. Naturally, the manufacturer's production, inventory and remanufacturing decisions and costs are influenced by the timing and quantity of the collector's shipments of used product returns. Hence, we investigate the impact of return flows on the profitability of the manufacturer-collector pair by developing system-wide cost optimization models. Analyzing the properties of the optimal shipment frequency, we observe that the fastest reverse supply chain may not always be the most efficient one.
Tags: No tags from this library for this title. Log in to add tags.
Item type Current location Call number Status Date due Barcode Item holds
INSEAD Article Europe Campus
Available BC007794
Total holds: 0

Ask Qualtrics

In order to recover the highest value from remanufactured products, collection rates, return timings, and reusability rates of used product returns should be matched with the market demand and available supply. With these motivations, we develop analytical models for the efficient use of returns in making production, inventory, and remanufacturing decisions under finite life cycles. We consider a stylistic setting where a collector collects used product returns and ships them to the manufacturer who, in turn, recovers value by remanufacturing and supplies products within the finite life cycle. Naturally, the manufacturer's production, inventory and remanufacturing decisions and costs are influenced by the timing and quantity of the collector's shipments of used product returns. Hence, we investigate the impact of return flows on the profitability of the manufacturer-collector pair by developing system-wide cost optimization models. Analyzing the properties of the optimal shipment frequency, we observe that the fastest reverse supply chain may not always be the most efficient one.

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 18.11 - INSEAD Catalogue
Home | Contact Us | What's Koha?