Journal
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
Volume 134, Issue 2, Pages 357-367Publisher
ELSEVIER
DOI: 10.1016/j.ijpe.2009.11.008
Keywords
Robust optimization approach; Product return; Inventory control; Production planning; Reverse logistics
Categories
Funding
- National Natural Science Foundation of China [70501014, 70971069, 70932005]
- Research Grants Council of Hong Kong [410208]
- NSFC/RGC [N-CUHK442/05, 70518002]
- fund for National Philosophy and Social Sciences Innovation Institute on Business Administration and Institutional Innovation in China
Ask authors/readers for more resources
We consider an inventory and production planning problem with uncertain demand and returns, in which the product return process is integrated into the manufacturing process over a finite planning horizon. We first propose an inventory control model for the return and remanufacturing processes with consideration of the uncertainty of the demand and returns. Then a robust optimization approach is applied to deal with the uncertainty of the problem through formulating a robust linear programming model. Moreover, properties on the robust optimization model are studied, and an equivalent robust optimization model based on duality theory is obtained which allows the solutions to be derived more efficiently. Finally, we provide a set of numerical examples to verify the effectiveness of the approach and analyze the effects of the key parameters on the solutions. (C) 2009 Elsevier B.V. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available