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Product take-back and recovery activities have grown in recent times as a consequence of stringent government regulations and increased customer awareness of environmental pollution. Inventory management in the context of product returns has drawn the attention of many researchers. However, the...
Persistent link: https://www.econbiz.de/10005358534
Revenue management for remanufactured products has not been addressed in literature so far. There could be more than one quality level of the recovered products, which would draw different prices in the secondary markets. In this paper, we develop a pricing model to maximize the expected revenue...
Persistent link: https://www.econbiz.de/10005334076
The superior performance of echelon stock based policies for multi-stage serial and assembly inventory systems has been well established in literature. De Bodt and Graves [1] were the first to develop an echelon stock based continuous review (R,Q) model for a two-stage serial system. In this...
Persistent link: https://www.econbiz.de/10005445596