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develop several heuristics based on traditional inventory models. We also investigate the performance of the system as a … and reverse logistics. This research is focused on product recovery, and in particular on production control and inventory … management in the remanufacturing context. We study a remanufacturing facility that receives a stream of returned products …
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Willingness to pay (WTP) is known to be lower for remanufactured products than for comparable new products. Normative work to date has assumed that a consumer's WTP for a remanufactured product is a fraction, called discount factor, of the consumer's WTP for a corresponding new product, and that...
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Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...
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