Ahiska, Semra Sebnem; King, Russell E. - In: European Journal of Industrial Engineering 9 (2015) 2, pp. 222-243
We consider the production/inventory control for a recoverable system with stochastic demand and returns where stock is replenished by manufacturing new items or remanufacturing returned items. The optimal control policy found by solving a Markov decision process (MDP) for a given problem...