Lot-size Policies for Production in a Manufacturing and Remanufacturing System
This paper is to determine the optimal manufacturing and remanufacturing lot-sizes in a system where manufacturing and remanufacturing operations co-exist.Considering the effect of needing certain time to complement shortage , we minimize the total cost which includes the setup cost for remanufacturing, the setup cost for manufacturing, the cost for holding remanufacturable items, manufactured items and remanufactured items, and the cost for shortages. We derive simple formulae that determine the optimal lot-sizes for manufacturing of new items and remanufacturing of remanufactured items. Due to considering the effect of manufacturing rate,remanufacturing rate and shortage, these formulae are more general than those in the literature. In addition, through making sensitivity analysis, we derive some managerial insights into inventory related to effects of remanufactured fraction.
Lot-size remanufacturable manufacturing remanufacturing shortage
Kaifu Yuan Yang Gao
School of Business Central South University Changsha, P.R.China
国际会议
2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)
上海
英文
2741-2748
2007-10-19(万方平台首次上网日期,不代表论文的发表时间)