Abstract
Product recycle and parts reutilization are two of the vital ways to protect environment. In recent years, more and more industries begin to adopt recycling as their key strategy. Koh, et al. [3] developed a model with an infinite production rate and finite recovery rate without backorder. In this study, we focus on how a supplier makes recycling as her dominant policy of production and procurement. An optimal production and inventory control policy with partial backordering is developed. Numerical examples and sensitivity analysis are provided to illustrate the theory.
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Teng, HM., Wee, HM., Hsu, PH. (2007). Optimal Recycling and Ordering Policy with Partial Backordered Shortage. In: Gervasi, O., Gavrilova, M.L. (eds) Computational Science and Its Applications – ICCSA 2007. ICCSA 2007. Lecture Notes in Computer Science, vol 4705. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74472-6_71
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DOI: https://doi.org/10.1007/978-3-540-74472-6_71
Publisher Name: Springer, Berlin, Heidelberg
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