Evaluating strategic remanufacturing supply chain decisions

Rafael Diaz and Erika Marsillac

International Journal of Production Research, 2017, vol. 55, issue 9, 2522-2539

Abstract: Accurately evaluating strategic commitments to remanufacturing requires a comprehensive understanding and consideration of the simultaneous effect of uncertainty on supply and demand. This paper presents a model that supports improved remanufacturing decision-making under stochastic demand and supply components and various cost factor considerations. The model is formulated as a newsvendor model extension that considers the simultaneous effects of probabilistic supply and demand. This characterisation assesses the effects of critical operational constraints on several strategic performance measures including cost, revenue and profit. The paper employs a Monte Carlo approach to assess the performance and extent of engagement in strategic remanufacturing supply chain operations, and illustrates results via a case study application. Results indicate that the technique can assist decision-makers in strategically determining the potential of future engagements in remanufacturing activities, and extends research findings by theoretically examining strategic decision-making for remanufacturing activity.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/00207543.2016.1239848 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:taf:tprsxx:v:55:y:2017:i:9:p:2522-2539

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TPRS20

DOI: 10.1080/00207543.2016.1239848

Access Statistics for this article

International Journal of Production Research is currently edited by Professor A. Dolgui

More articles in International Journal of Production Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().