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Optimal Acquisition and Inventory Control for a Remanufacturing System
Joint Authors
Wang, Yanhong
Zhang, Hua
Jiang, Zhigang
Zhu, Shuo
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-7, 7 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-10-22
Country of Publication
Egypt
No. of Pages
7
Main Subjects
Abstract EN
Optimal acquisition and inventory control can often make the difference between successful and unsuccessful remanufacturing.
However, there is a greater degree of uncertainty and complexity in a remanufacturing system, which leads to a critical need for planning and control models designed to deal with this added uncertainty and complexity.
In this paper, a method for optimal acquisition and inventory control of a remanufacturing system is presented.
The method considers three inventories, one for returned item and the other for serviceable and recoverable items.
Taking the holding cost for returns, recoverable and remanufactured products, remanufacturing cost, disposal cost, and the loss caused by backlog into account, the optimal inventory control model is established to minimize the total costs.
Finally, a numerical example is provided to illustrate the proposed methods.
American Psychological Association (APA)
Jiang, Zhigang& Zhu, Shuo& Zhang, Hua& Wang, Yanhong. 2013. Optimal Acquisition and Inventory Control for a Remanufacturing System. Discrete Dynamics in Nature and Society،Vol. 2013, no. 2013, pp.1-7.
https://search.emarefa.net/detail/BIM-447224
Modern Language Association (MLA)
Jiang, Zhigang…[et al.]. Optimal Acquisition and Inventory Control for a Remanufacturing System. Discrete Dynamics in Nature and Society No. 2013 (2013), pp.1-7.
https://search.emarefa.net/detail/BIM-447224
American Medical Association (AMA)
Jiang, Zhigang& Zhu, Shuo& Zhang, Hua& Wang, Yanhong. Optimal Acquisition and Inventory Control for a Remanufacturing System. Discrete Dynamics in Nature and Society. 2013. Vol. 2013, no. 2013, pp.1-7.
https://search.emarefa.net/detail/BIM-447224
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-447224