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Optimizing the selection of product recovery options

Lamsali, Hendrik and Liu, Jiyin (2008) Optimizing the selection of product recovery options. In: 2008 IEEE International Conference on Industrial Engineering and Engineering Management, 8-11 Dec. 2008, Singapore.

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This paper investigates the problem of optimizing product recovery options within the reverse logistic context.A linear programming model is developed to find optimal allocation of returned products in different quality classes to certain recovery options.The objective is to maximize the profit. Qualities and quantities of returned products, demands, prices of the recovered products and costs for recovery are all considered in the model.The model is used to examine the effects of flexibility in product recovery allocation.Computation results show that flexible allocation between the returned products in different quality classes and the recovery options are beneficial.

Item Type: Conference or Workshop Item (Paper)
Additional Information: Print ISBN: 978-1-4244-2629-4
Uncontrolled Keywords: Reverse logistics; product recovery options; linear programming
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: School of Technology Management & Logistics
Depositing User: Prof. Madya Dr. Hendrik Lamsali
Date Deposited: 12 Jun 2016 03:51
Last Modified: 12 Jun 2016 03:51

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