Optimal pricing problem of a closed-loop supply chain with remanufacturing

Wen Jen Chang, Kong Xiang Chen, Chun-Li Lin

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Reverse logistics is an important research area of particular interest to the academic community in recent years due to the impact of economics and environmental statutes. Reverse logistics deals with the processes associated with the reverse stream from owner to re-users. It encompasses all of the logistical activities from products no longer required by users to render those products usable in a market. Remanufacturing is one of the reverse logistical processes that could save substantial production costs. This study investigated a hybrid system involving manufacturing and remanufacturing processes. A constant demand can be satisfied by differentiated brand-new and remanufactured products. The used products are returned and remanufactured. We developed a mathematic model to analyze the economic decisions in pricing brand-new and remanufactured products.

Original languageEnglish
Title of host publicationAdvances in Applied Science, Engineering and Technology
Pages770-774
Number of pages5
DOIs
StatePublished - 2013
Externally publishedYes
Event2013 International Conference on Applied Science, Engineering and Technology, ICASET 2013 - Qingdao, China
Duration: 19 05 201321 05 2013

Publication series

NameAdvanced Materials Research
Volume709
ISSN (Print)1022-6680

Conference

Conference2013 International Conference on Applied Science, Engineering and Technology, ICASET 2013
Country/TerritoryChina
CityQingdao
Period19/05/1321/05/13

Keywords

  • Pricing policy
  • Remanufacturing
  • Supply chain management

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