Dynamic product acquisition in closed loop supply chains

Autor:	Stefan Minner, Gudrun Kiesmüller
Rok vydání:	2012
Předmět:	Product (business) Identification (information) Mathematical optimization Maximum principle Supply chain management Strategy and Management Supply chain Economics Reverse logistics Management Science and Operations Research Remanufacturing Decision model Industrial and Manufacturing Engineering
Zdroj:	International Journal of Production Research. 50:2836-2851
ISSN:	1366-588X 0020-7543
DOI:	10.1080/00207543.2010.539280
Popis:	We consider a closed-loop supply chain where demand can either be satisfied by manufacturing new products or by buying back used products from customers and upgrading their functionality by remanufacturing. A joint buy-back pricing and manufacturing–remanufacturing decision model at the operations–marketing interface is presented that allows for dynamic parameters, e.g. product life cycles and seasonal aspects. The model allows the identification of beneficial opportunities for buying back and storing used products for immediate and future recovery. We present a new deterministic, dynamic, continuous-time optimisation model, derive necessary and sufficient optimality conditions, and develop a solution algorithm to find the cost-minimising manufacturing and remanufacturing policies as well as buy-back strategies for used products based on Pontryagin's Maximum Principle. It is shown that, in general, an optimal policy will include time intervals where returns are acquired so as to synchronise demand and rem...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::61f8e5e89b040770d086f8cc67503e71 https://doi.org/10.1080/00207543.2010.539280 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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