Abstract
A class of closed-loop supply chain system consisting of one manufacturer and one supplier is designed, in which re-distribution, remanufacturing and reuse are considered synthetically. The manufacturer is in charge of recollecting and re-disposal the used products. Demands of ultimate products and collecting quantity of used products are described as the function of prices and reference prices. A non-linear dynamic pricing model for this closed-loop supply chain is established. A numerical example is designed, and the results of this example verified the model’s validity to price for the operation of closed-loop supply chain system.
Highlights
There are numerous researches on closed-loop supply chain system which address many various topics from definition to practical cases in real industry
A class of closed-loop supply chain system consisting of one manufacturer and one supplier is designed, in which re-distribution, remanufacturing and reuse are considered synthetically
Liang et al [11] proposed a model to evaluate the acquisition price of the used products. This model links the used product acquisition price with the sale price of used product but assumes other costs such as logistics and remanufacturing to be deterministic. Different from these researches above, a non-linear dynamic programming model is established in this paper, we study the dynamic
Summary
Kim et al [6] dealt with remanufacturing execution at operational level They proposed a general framework for remanufacturing system in reverse logistics environment and a mathematical model to maximize the total cost savings by optimally deciding the quantity of parts to be processed at each remanufacturing facilities, the number of purchased parts from subcontractor. This model links the used product acquisition price with the sale price of used product but assumes other costs such as logistics and remanufacturing to be deterministic Different from these researches above, a non-linear dynamic programming model is established in this paper, we study the dynamic. Pricing problems on ultimate products and used products for closed-loop supply chain with remanufacturing from the view of operation management
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