Abstract | ||
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We explore the value of information in the context of a firm that faces uncertainty with respect to demand, product returns, recovery yield, and capacity utilization. Capacity is finite and shared between new production and recovery operations. The operational decisions of interest are the quantity of new product to produce, the quantity of returns to recover, and the quantity of returns to dispose. Product recovery is uncertain in that each returned unit can be successfully recovered with a known probability, and otherwise it is discarded at a cost. Demand in a period is satisfied with new production, recovered returns, or a mix of both types. |
Year | DOI | Venue |
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2009 | 10.1016/j.ejor.2008.09.028 | European Journal of Operational Research |
Keywords | Field | DocType |
Value of information,Closed loop supply chains,Reverse logistics | Dispose pattern,Inversion (meteorology),Reverse logistics,Capacity utilization,Robustness (computer science),Supply chain,Value of information,Operations management,Mathematics,New product development | Journal |
Volume | Issue | ISSN |
198 | 2 | 0377-2217 |
Citations | PageRank | References |
18 | 0.98 | 8 |
Authors | ||
1 |
Name | Order | Citations | PageRank |
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Michael E. Ketzenberg | 1 | 30 | 4.54 |