Title
Assessing the benefits of remanufacturing option under one-way substitution
Abstract
In this study, we investigate the conditions under which remanufacturing practice increases inventory related profits when there is a distinct demand stream for remanufactured products. Stock-out based one-way substitution policy is considered. A profit model is developed under certain environmental assumptions made. In this talk, the analysis of the profit model and the results of the computational study carried out to analyze the profitability of remanufacturing option and substitution policy are discussed.
Year
DOI
Venue
2005
10.1057/palgrave.jors.2601799
JORS
Keywords
Field
DocType
profitability
Revenue,Benefice,Markov process,Profit model,Markov model,Matrix (mathematics),Computer science,Steady state probability,Remanufacturing,Operations management
Journal
Volume
Issue
ISSN
56
3
0160-5682
Citations 
PageRank 
References 
9
0.81
5
Authors
3
Name
Order
Citations
PageRank
Z. Pelin Bayindir1334.19
Nesim K. Erkip2646.40
R Güllü3252.45