Dynamic Inventory Management in Reverse Logistics

Dynamic Inventory Management in Reverse Logistics

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The integration of product recovery into regular production processes enables new opportunities for cost savings. In case of a dynamic planning situation, for instance when dealing with seasonality or the product life cycle, new motives for keeping stock arise. The work aims to identify those motives and to describe their effects by using methods of optimal control theory.


1;Acknowledgements;8 2;Preface;9 3;Contents;11 4;1 Introduction;13 4.1;1.1 Objective and Motivation;13 4.2;1.2 Inventory Management in Reverse Logistics;15 4.3;1.3 Methodology;18 4.4;1.4 Outline of the Thesis;19 5;2 A Basic Quantitative Model for Medium and Long Range Product Recovery Planning;21 5.1;2.1 Overview;21 5.2;2.2 A Basic Quantitative Model of Dynamic Product Recovery;21 5.3;2.3 Solution of the Model Without Initial Inventories;25 5.4;2.4 Dealing with Initial Inventories;39 5.5;2.5 Numerical Examples;41 5.6;2.6 Comparison of Holding Cost and Discounted Cash Flow;46 5.7;2.7 Managerial Insights;51 5.8;2.8 Proofs and Derivations;52 6;3 On the Effects of Capacity Constraints in Product Recovery;59 6.1;3.1 Motivation;59 6.2;3.2 Limited Production Capacity;61 6.3;3.3 Limited Remanufacturing Capacity;80 6.4;3.4 Proofs;98 7;4 Knowledge Acquisition and Product Recovery;107 7.1;4.1 Motivation;107 7.2;4.2 A Model with Remanufacturing Knowledge Acquisition;110 7.3;4.3 Optimality Conditions and General Results;112 7.4;4.4 Optimal Policies in Specific Situations;120 7.5;4.5 Numerical Examples;126 7.6;4.6 Conclusions and Managerial Insights;133 7.7;4.7 Proofs;133 8;5 Technology Selection in the Context of Reverse Logistics;139 8.1;5.1 Motivation;139 8.2;5.2 A Dynamic Modeling Environment for Strategic Decision Making;141 8.3;5.3 Three Investment Projects;145 8.4;5.4 A Numerical Investigation;158 8.5;5.5 Effects of a Limited Remanufacturing Capacity;164 8.6;5.6 Conclusions and Possible Extensions;166 8.7;5.7 Proofs and Statistical Tests;167 9;6 Conclusions;179 10;List of Symbols;181 11;List of Figures;185 12;List of Tables;187 13;References;189
ISBN 9783540332305
Artikelnummer 9783540332305
Medientyp E-Book - PDF
Auflage 2. Aufl.
Copyrightjahr 2007
Verlag Springer-Verlag
Umfang 182 Seiten
Sprache Englisch
Kopierschutz Digitales Wasserzeichen