| Dynamic Inventory Management in Reverse Logistics Contributor(s): Kleber, Rainer (Author) |
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ISBN: 3540332294 ISBN-13: 9783540332299 Publisher: Springer OUR PRICE: $52.24 Product Type: Paperback - Other Formats Published: May 2006 Annotation: The integration of product recovery into regular production processes enables new opportunities for cost savings. It also yields new challenges for inventory management because there are two sources to satisfy product requirements which need to be coordinated by additionally taking into account limited availability of used products. In case of a dynamic planning situation, for instance when dealing with seasonality or the product life cycle, new motives for keeping stock arise. The work aims to identify those motives and to describe their effects by using methods of optimal control theory. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General - Technology & Engineering | Manufacturing - Business & Economics | Management Science |
| Dewey: 670 |
| Series: Lecture Notes in Economic and Mathematical Systems |
| Physical Information: 0.42" H x 6.14" W x 9.21" (0.62 lbs) 182 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: ReverseLogistics is an area that has attracted growingattention over the last years both from the industrial as well as from the scienti?c side. The proper management of reverse ?ows of products and materials is of considerable - portance in many industries because of its in?uence on economic performance and environmental impact. The respective management tasks, however, are connected with new challenging planning and control problems. This es- cially holds for product recovery management concerning remanufacturing operations where used products, after being returned to the manufacturer, are reprocessed such that they are as good as new and can be re-integrated into the forward logistics stream. Amajorissueinremanufacturingishowtooptimallycoordinatethepot- tial activities directed at meeting customer demands for serviceable products and to deal with returns of products after end-of-use.Therespectivedecisions refer to ?nding a proper mix of manufacturing original and remanufacturing used products as well as of stock-keeping and disposing of returned items. Hereby, relevant cost impacts and time patterns of demand and returns have to be taken into consideration. |