Inventory strategies for systems with fast remanufacturing

R Teunter (), Erwin van der Laan and D Vlachos
Additional contact information
R Teunter: Erasmus University Rotterdam
D Vlachos: Aristoteles University of Thessaloniki

Journal of the Operational Research Society, 2004, vol. 55, issue 5, 475-484

Abstract: Abstract We describe hybrid manufacturing/remanufacturing systems with a long lead time for manufacturing and a short lead time for remanufacturing. We review the classes of inventory strategies for hybrid systems in the literature. These are all based on equal lead times. For systems with slow manufacturing and fast remanufacturing, we propose a new class. An extensive numerical experiment shows that the optimal strategy in the new class almost always performs better and often much better than the optimal strategies in all other classes.

Keywords: logistics; remanufacturing; stochastic inventory control (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://link.springer.com/10.1057/palgrave.jors.2601687 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Inventory strategies for systems with fast remanufacturing (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:55:y:2004:i:5:d:10.1057_palgrave.jors.2601687

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/palgrave.jors.2601687

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().