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The economics of a closed-loop supply chain with remanufacturing / J-M. Chen in Journal of the operational research society (JORS), Vol. 63 N° 10 (Octobre 2012) 

Public ISBD [article]  in Journal of the operational research society (JORS) > Vol. 63 N° 10 (Octobre 2012) . - pp. 1323–1335 Titre : The economics of a closed-loop supply chain with remanufacturing Type de document : texte imprimé Auteurs : J-M. Chen, Auteur ; C.-I. Chang, Auteur Année de publication : 2012 Article en page(s) : pp. 1323–1335 Note générale : operational research Langues : Anglais (eng) Mots-clés : decision  analysis;  logistics;  closed-loop  supply  chain;  remanufacturing;  newsvendor Index. décimale : 001.424 Résumé : This study deals with joint decisions on pricing and production lot-sizing in a closed-loop supply chain consisting of manufacturing and remanufacturing operations. This study emphasizes the economic analysis of this hybrid system with substitution between the new and the remanufactured versions of the same product. We develop analytical models under a newsvendor framework bearing the following questions in mind. Can a hybrid system operate cost-effectively? Can it outperform the manufacturing-only system? If yes, to what extent and under what conditions? If not, what are the key factors that cause underperformance? This study formulates a multi-variable optimization problem and performs mathematical and numerical analysis. Results show that the hybrid system does not outperform the manufacturing-only system under a generic setting, but achieves better performance under conditions with a higher degree of substitution and/or a lower remanufacturing cost. In this scenario, participating in remanufacturing is not only an issue of environmental responsibility, but a profit-boosting option. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v63/n10/abs/jors2011142a.html [article] The economics of a closed-loop supply chain with remanufacturing [texte imprimé] / J-M. Chen, Auteur ; C.-I. Chang, Auteur . - 2012 . - pp. 1323–1335. operational research Langues : Anglais (eng) in Journal of the operational research society (JORS) > Vol. 63 N° 10 (Octobre 2012) . - pp. 1323–1335 Mots-clés : decision  analysis;  logistics;  closed-loop  supply  chain;  remanufacturing;  newsvendor Index. décimale : 001.424 Résumé : This study deals with joint decisions on pricing and production lot-sizing in a closed-loop supply chain consisting of manufacturing and remanufacturing operations. This study emphasizes the economic analysis of this hybrid system with substitution between the new and the remanufactured versions of the same product. We develop analytical models under a newsvendor framework bearing the following questions in mind. Can a hybrid system operate cost-effectively? Can it outperform the manufacturing-only system? If yes, to what extent and under what conditions? If not, what are the key factors that cause underperformance? This study formulates a multi-variable optimization problem and performs mathematical and numerical analysis. Results show that the hybrid system does not outperform the manufacturing-only system under a generic setting, but achieves better performance under conditions with a higher degree of substitution and/or a lower remanufacturing cost. In this scenario, participating in remanufacturing is not only an issue of environmental responsibility, but a profit-boosting option. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v63/n10/abs/jors2011142a.html