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Revisiting revenue management for remanufactured products

Jonas Yu, H.-M. Wee and G.B. Su

International Journal of Systems Science, 2013, vol. 44, issue 11, 2152-2157

Abstract: The purpose of revenue management for remanufactured products is to maximise the expected revenue for remanufactured products. Most researchers in revenue management focus on analysing the sensitivity of the expected revenue to price, availability and disposal cost. In this note, we apply the Karush–Kuhn–Tucker conditions with maximum price constraints, and demonstrate that the optimal prices for the non-linear problem fall within the feasible region when constraints are imposed. A numerical example is given to illustrate the proposed study.

Date: 2013
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DOI: 10.1080/00207721.2012.685199

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International Journal of Systems Science is currently edited by Visakan Kadirkamanathan

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