An optimal returned policy for a reverse logistics inventory model with backorders
type: Item
instance of: scholarly article
title: An optimal returned policy for a reverse logistics inventory model with backorders
zbMATH Open document ID: 1254.90025
DOI: 10.1155/2012/386598
author: Shivraj Singh
author: Neha Saxena
published in: Advances in Decision Sciences
publication date: 2013-01-10T00:00:00Z
review text: Summary: Environmental responsibility plays a significant role in the firm's agendas nowadays. In this paper, we address the environmental operations of reverse logistics. Here we developed an integrated supply chain model with coordinated production and remanufacturing due to time-dependent rates. To study the problem we consider the demand to be satisfied with newly manufactured (produced) and the remanufactured products, so there is no difference between manufactured and remanufactured items. The shortages are allowed and excess demand is backlogged as well. The returned items are collected from the end user to be remanufactured. Optimal expression is obtained for the acceptable returned quantity, maximum inventory level, production and remanufacturing scheduling period, and the total average cost. Illustrative examples, which explain the application of the theoretical results as well as their numerical verifications, are given. The sensitivity of these solutions to change in underling parameter values is also discussed.
Mathematics Subject Classification ID: 90B05
zbMATH DE Number: 6123901
zbMATH Keywords: environmental operations
zbMATH Keywords: reverse logistics
zbMATH Keywords: optimal returned policy
Wikidata QID: Q58697793
MaRDI profile type: Publication
OpenAlex ID: W2149346172
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DBLP publication ID: journals/jamds/SinghS12
description: scientific article; zbMATH DE number 6123901