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We consider a manufacturing system with product recovery. The system manufactures a new product as well as remanufactures the product from old, returned items. The items remanufactured with the returned products are as good as new and satisfy the same demand as the new item. The demand rate for...
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We consider the inventory control problem of an independent supplier in a continuous review system. The supplier faces … information about the inventory levels at the customer is available, reviews and ordering are usually carried out by the supplier … value of information about the customer’s inventory level. Our numerical study shows that if the supplier were to use the …
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This note deals with the joint replenishment problem with stochastic demands. A new class of policies called P(s, S) policy is proposed for this problem. The proposed policy uses independent, periodic review (s, S) policies for each item. Results on test problems show that the proposed policy is...
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