Optimal replenishment policy for a deteriorating green product: Life cycle costing analysis

Hui-Ming Wee, Ming-Chang Lee, Jonas C.P. Yu and C. Edward Wang

International Journal of Production Economics, 2011, vol. 133, issue 2, 603-611

Abstract: In the last few decades, enterprises are trying to recycle the used products to reduce the negative impact on environment. This results in the need for reverse supply chain model especially for deteriorating items. The proposed model considers vendor managed inventory strategy and conducts a life cycle cost and benefit analysis for green electronic products. The mathematical analytical approach is used to solve the proposed model. The results show that selling price, deteriorating rate, holding cost, product return rate, and remanufactured quality have a significant effect on the model. This study can provide managerial insights into improving the design of a green-supply chain.

Keywords: Green-supply; chain; Forward; and; reverse; chain; Life; cycle; cost; Vendor; managed; inventory; Deteriorating; item (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:133:y:2011:i:2:p:603-611

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