The reverse Wagner/Whitin model with variable manufacturing and remanufacturing cost

Standard

The reverse Wagner/Whitin model with variable manufacturing and remanufacturing cost. / Richter, Knut; Weber, Jens.

In: International Journal of Production Economics, Vol. 71, No. 1-3, 06.05.2001, p. 447-456.

Research output: Contribution to journal › Article › peer-review

Author

Richter, Knut ; Weber, Jens. / The reverse Wagner/Whitin model with variable manufacturing and remanufacturing cost. In: International Journal of Production Economics. 2001 ; Vol. 71, No. 1-3. pp. 447-456.

BibTeX

@article{234ee8175c9b482cb72bfdf02c4c1dcd,

title = "The reverse Wagner/Whitin model with variable manufacturing and remanufacturing cost",

abstract = "In this paper, the reverse Wagner/Whitin model is extended to the case with additional variable manufacturing and remanufacturing cost. This model can be regarded as a combination of the classical Wagner/Whitin model and a pure reverse Wagner/Whitin model with given returns of used products. The combined model is more appropriate to practice, if the alternate application of remanufacturing and manufacturing processes is analysed. For the case of time-constant cost and demand data we prove the optimality of a policy starting with remanufacturing before switching to manufacturing and give an estimation for the optimal switching point. Finally, it is investigated how the disposal of excess inventory would change the solution.",

keywords = "Inventory management, Lot sizing, Product recovery, Remanufacturing",

author = "Knut Richter and Jens Weber",

year = "2001",

month = may,

day = "6",

doi = "10.1016/S0925-5273(00)00142-0",

language = "English",

volume = "71",

pages = "447--456",

journal = "International Journal of Production Economics",

issn = "0925-5273",

publisher = "Elsevier",

number = "1-3",

}

RIS

TY - JOUR

T1 - The reverse Wagner/Whitin model with variable manufacturing and remanufacturing cost

AU - Richter, Knut

AU - Weber, Jens

PY - 2001/5/6

Y1 - 2001/5/6

N2 - In this paper, the reverse Wagner/Whitin model is extended to the case with additional variable manufacturing and remanufacturing cost. This model can be regarded as a combination of the classical Wagner/Whitin model and a pure reverse Wagner/Whitin model with given returns of used products. The combined model is more appropriate to practice, if the alternate application of remanufacturing and manufacturing processes is analysed. For the case of time-constant cost and demand data we prove the optimality of a policy starting with remanufacturing before switching to manufacturing and give an estimation for the optimal switching point. Finally, it is investigated how the disposal of excess inventory would change the solution.

AB - In this paper, the reverse Wagner/Whitin model is extended to the case with additional variable manufacturing and remanufacturing cost. This model can be regarded as a combination of the classical Wagner/Whitin model and a pure reverse Wagner/Whitin model with given returns of used products. The combined model is more appropriate to practice, if the alternate application of remanufacturing and manufacturing processes is analysed. For the case of time-constant cost and demand data we prove the optimality of a policy starting with remanufacturing before switching to manufacturing and give an estimation for the optimal switching point. Finally, it is investigated how the disposal of excess inventory would change the solution.

KW - Inventory management

KW - Lot sizing

KW - Product recovery

KW - Remanufacturing

UR - http://www.scopus.com/inward/record.url?scp=0035815837&partnerID=8YFLogxK

U2 - 10.1016/S0925-5273(00)00142-0

DO - 10.1016/S0925-5273(00)00142-0

M3 - Article

AN - SCOPUS:0035815837

VL - 71

SP - 447

EP - 456

JO - International Journal of Production Economics

JF - International Journal of Production Economics

SN - 0925-5273

IS - 1-3

ER -

ID: 48975989