Journal
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
Volume 39, Issue 9, Pages 2023-2035Publisher
TAYLOR & FRANCIS LTD
DOI: 10.1080/00207540110043706
Keywords
-
Ask authors/readers for more resources
We propose a method for valuing new, recoverable, and recovered assemblies (products, components, parts, etc.) in production systems with reverse logistics. Values of assemblies influence their opportunity holding cost rates and are hence essential for comparing inventory strategies in average cost models. We argue that the proposed method is 'correct' from a discounted cash flow (DCF) point of view. We refer to some previous results on valuing assemblies in systems without disassembly of returned products that seem to confirm this. Furthermore, we test the method for a specific example with disassembly of returned products. The simulation results indicate that the method indeed leads to (nearly) DCF optimal inventory strategies.
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