详细信息

Optimal production strategy for a manufacturing and remanufacturing system with return policy  ( SCI-EXPANDED收录)  

文献类型:期刊文献

英文题名:Optimal production strategy for a manufacturing and remanufacturing system with return policy

作者:Tao, Feng[1];Fan, Tijun[1];Jia, Xuefeng[2];Lai, Kin Keung[3,4]

机构:[1]East China Univ Sci & Technol, Dept Management Sci & Engn, Shanghai 200237, Peoples R China;[2]Univ Sci & Technol China, Sch Publ Affairs, 96 Jinzhai Rd, Hefei 230026, Anhui, Peoples R China;[3]Shaanxi Normal Univ, Int Business Sch, Xian, Peoples R China;[4]Xidian Univ, Coll Management, Xian, Peoples R China

年份:2021

卷号:21

期号:1

起止页码:251

外文期刊名:OPERATIONAL RESEARCH

收录:;WOS:【SSCI(收录号:WOS:000618795400009),SCI-EXPANDED(收录号:WOS:000618795400009)】;

基金:Funding was provided by National Natural Science Foundation (Grant Nos. 71872064, 71201059, 71431004, 71171082), Shanghai Pujiang Program (Grant No. 18PJC025).

语种:英文

外文关键词:Remanufacturing; Production management; Manufacturing management; Manufacturing strategy; Optimization

摘要:This paper considers a monopolistic producer who produces new product in the first period and provides manufactured and remanufactured products in the second period. A return policy in the first period and the competition between the manufactured and the remanufactured products in the second period are jointly considered to develop the optimal production quantity strategies analytically and numerically. We find that if the two products are substitutable, the quantities of the new products manufactured in the first period and the remanufactured products produced in the second period are non-decreasing in the return policy, but the quantity of the manufactured products in the second period is decreasing in the return policy. In this case, the return rate determines the profit level, but the collection rate has little impact on the profit. If the two products are complementary, there is a critical value of the collection rate. When the collection rate is smaller than this value, the production quantities increase in the return policy; otherwise, they decrease in the return policy. In this scenario, the return policy and the collection rate mutually make a positive impact on the profit. Additionally, although a generous return policy is always profitable, it may lead to less production of manufactured and remanufactured products, especially when they are complementary.

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