Inventory Decision-making on a Hybrid System Considering Return Products’ Quality and Enterprises’ Service Level
A hybrid system considering return products’ quality and enterprises’ service level is investigated. Used products are returned from customers at a constant rate, but only those fulfilling the quality requirement are remanufactured and the rest are disposed off. The stationary demand is fulfilled either by manufactured products or by remanufactured products which compose the serviceable inventory. Shortages are permitted but the maximum shortages in the manufacturing and remanufacturing cycles are limited by the service level of the enterprise. Inventory decision-making models are formulated under one manufacturing setup and at least one remanufacturing setup policy and at least one manufacturing setup and one remanufacturing setup policy, and the optimization algorithm to determine the optimal policy are developed respectively. The sensitivity analysis indicates that the higher used products’ quality and the proper service level are very helpful to decrease the total cost.
Inventory Hybrid system Remanufacturing Manufacturing Quality Service level
Kaifu Yuana Yang Gao
School of Business and Management, Guizhou College of Finance and Economics, Guiyang, China School o School of Business, Central South University, Changsha, China
国际会议
The Third International Conference on Operations and Supply Chain Management(第三届运营与供应链管理国际会议)
武汉
英文
157-164
2009-07-28（万方平台首次上网日期，不代表论文的发表时间）