Benefits of using ad-hoc inventory management models in the presence of return flows

Autor: Juan Pedro Sepúlveda Rojas, Felipe Baesler Abufarde, Domingo Antonio Núñez Morales
Jazyk: angličtina
Rok vydání: 2013
Předmět:
Zdroj: Revista Facultad de Ingeniería Universidad de Antioquia, Iss 55 (2013)
Druh dokumentu: article
ISSN: 0120-6230
2422-2844
DOI: 10.17533/udea.redin.14730
Popis: In this work we analyze the impact of reverse logistics in inventory management models through the analysis of implications and extensions of some literature models. Through experimentation with deterministic inventory models we found that in most cases, the traditional inventory management costs are higher than the models considering return flows. Only in few cases, mainly when the recoverable inventory holding cost was very high in relation to the serviceable inventory holding cost, the benefits of ad-hoc models was negligible. We also observe that there is no quantitative comparison in the literature between a traditional inventory management and one which considers return flows.
Databáze: Directory of Open Access Journals