Optimal production policy for a remanufacturing system with virtual inventory cost

研究成果: Conference article査読

抄録

This paper deals with a cost management problem of a remanufacturing system with stochastic demand. We model the system with consideration for two types of inventories. One is the actual product inventory in the factory. The other is the virtual inventory that is being used by the customer. For this virtual inventory, it should be required to consider an operational cost that we need in order to observe and check the quantity of the inventory. We call this the virtual inventory cost and model the system by including it. We define the state of the remanufacturing system by the two inventory levels. It is assumed that the cost function is composed of various cost factors such as holding, backlog and manufacturing costs. We obtain the optimal policy that minimizes the expected average cost per period. Numerical results reveal the effects of the factors on the optimal policy.

本文言語English
論文番号59970H
ジャーナルProceedings of SPIE - The International Society for Optical Engineering
5997
DOI
出版ステータスPublished - 2005 12 1
外部発表はい
イベントEnvironmentally Conscious Manufacturing V - Boston, MA, United States
継続期間: 2005 10 232005 10 24

ASJC Scopus subject areas

  • Electronic, Optical and Magnetic Materials
  • Condensed Matter Physics
  • Computer Science Applications
  • Applied Mathematics
  • Electrical and Electronic Engineering

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