Abstract

Growing awareness for sustainability and green legislation being implemented worldwide are forcing manufacturers and other organizations to recover and remanufacture used products to extend their lifecycles. These remanufactured products are send back to the marketplace or used in maintenance or used as replacement products to honour warranty offers. This paper presents the development and optimization of two mathematical models to determine the optimal combination rebate warranty policy when remanufactured products are used for replacements from both the seller and buyer’s point of view. Several numerical experiments are conducted to derive useful managerial knowledge and consumer guidelines.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.