Remanufacturing is a sustainable practice as it can save resources and alleviate environmental pollution. However, the process of remanufacturing can be subject to yield uncertainty if the manufacturer is not sufficiently professional. In this paper, we consider a retailer selling both new and...

Most durable products have two distinct types of customers: first-time buyers and customers who already own the product, but are willing to replace it with a new one or purchase a second one. Firms usually adopt a price-discrimination policy by offering a trade-in rebate only to the replacement...