Paper Info
Title
The Value of Sampling Inspection in a Single-Period Remanufacturing System with Stochastic Returns Yield
Abstract
We examine a reverse supply chain consisting of a collection site, where consumers return used products, and a remanufacturing facility. Some of the returned products are transported to the remanufacturing facility in order to be remanufactured and used to satisfy the stochastic demand for remanufactured products. The quality of returns is characterized by uncertainty, and therefore, before the procurement quantity determination, the remanufacturer has the alternative to inspect a sample drawn from the collected quantity in order to evaluate more accurately returns' quality. Using general assumptions for returns quality and remanufactured products demand distributions, we formulate the expected profit function for both sampling and no-sampling cases and we examine numerically the economic effectiveness of sampling. A key characteristic of the current paper is that returns' yield is expressed as the probability of a unit to be remanufacturable.
Year
DOI
Venue
2009
10.1007/978-3-642-16358-6_17
ADVANCES IN PRODUCTION MANAGEMENT SYSTEMS: NEW CHALLENGES, NEW APPROACHES
Keywords
Field
DocType
reverse supply chain,random yield,sampling inspection,binomial yield,value of information
Microeconomics,Operations research,Reverse supply chain,Value of information,Sampling (statistics),Procurement,Remanufacturing,Business
Conference
Volume
ISSN
Citations 
338
1868-4238
0
PageRank 
References 
Authors
0.34
4
3
Name
Order
Citations
PageRank
Christos Zikopoulos1443.85
Sofia Panagiotidou2847.13
George Nenes3848.32