Optimal cost control policy for product recovery in closed-loop supply chains

K. Nakashima, A. P.S. Loomba

研究成果: Conference contribution

抜粋

A good closed-loop supply chain program can be a differentiator and offer a means of gaining market advantage. From an macro-level perspective, a value chain strategy for an organization or industries includes closed-loop supply chains in which reverse chain activities (reuse, repair, refurbishing, recycling, remanufacturing, or redesign of returned products from the end user) and effective reserve chain operations may create additional competitive advantages for the firm. This paper deals with cost management problem of a remanufacturing system with stochastic variability such as demand. We model the system with consideration for production and ordering quantity as a time average Markov Decision Process (MDP). It is assumed that the cost function is composed of various cost factors such as holding, backlog and some kinds of manufacturing costs etc. We obtain the optimal production and ordering policy that minimizes the expected average cost per period. Numerical results show the implementation of the methodology.

元の言語English
ホスト出版物のタイトル21st International Conference on Production Research
ホスト出版物のサブタイトルInnovation in Product and Production, ICPR 2011 - Conference Proceedings
編集者Tobias Krause, Dieter Spath, Rolf Ilg
出版者Fraunhofer-Verlag
ISBN(電子版)9783839602935
出版物ステータスPublished - 2011 1 1
外部発表Yes
イベント21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 - Stuttgart, Germany
継続期間: 2011 7 312011 8 4

出版物シリーズ

名前21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 - Conference Proceedings

Other

Other21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011
Germany
Stuttgart
期間11/7/3111/8/4

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Computer Science Applications
  • Industrial and Manufacturing Engineering

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  • これを引用

    Nakashima, K., & Loomba, A. P. S. (2011). Optimal cost control policy for product recovery in closed-loop supply chains. : T. Krause, D. Spath, & R. Ilg (版), 21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 - Conference Proceedings (21st International Conference on Production Research: Innovation in Product and Production, ICPR 2011 - Conference Proceedings). Fraunhofer-Verlag.