A min–max solution to optimise planned lead time in a remanufacturing system

Liu, Biyu; Chen, Weida; Segerstedt, Anders; Yang, Haidong; Zhang, Qinhong

doi:10.1111/itor.12475

Cited by 14 publications

(7 citation statements)

References 57 publications

(98 reference statements)

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“…Liu et al. (2019) scheduled the lead times of cores for RPs to coordinate disassembly, remanufacturing, and reassembly for a remanufacturing system, allowing stockout. Liao and Li (2021) studied the optimal order quantity of FGs in a closed‐loop supply chain by extending the classical economic order quantity model to the case of random market demand.…”

Section: Literature Review and Research Gapsmentioning

confidence: 99%

“…The earliest work can be traced to Goyal (1976), in which a joint economic lot-sizing model was developed for a twoechelon supply chain, but this work does not involve remanufacturing. Recently, production and inventory management has been extended to the field of remanufacturing (e.g., Mawandiya et al, 2017;Liu et al, 2019). Mawandiya et al (2017) considered a remanufacturing system that consists of a manufacturer, a remanufacturer, and a retailer and cores of the same quality.…”

Section: Inventory Management With Remanufacturingmentioning

confidence: 99%

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Managing production and inventory in a remanufacturing supply chain with two classes of cores under consignment stock agreement

Zhu

Zhang

Cao

2022

Int Trans Operational Res

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This paper addresses the production scheduling and inventory management in a closed‐loop supply chain that recycles both high‐quality and low‐quality cores and makes products using cores and new raw materials. The manufacturing/remanufacturing supply chain consists of a vendor and a buyer, and they collaborate under a consignment stock (CS) agreement. We investigate and compare three operation policies under the CS agreement, covering continuous and intermittent production manners and shipments of equal and unequal batch sizes. For each operation policy, we develop a mixed integer nonlinear programming model to jointly optimize the production sequence of two classes of cores, production cycle length, shipment frequency, and shipment batch sizes, with the objective of minimizing the cost rate. By analyzing the respective decisions and conducting an extensive numerical study with various scenarios, we explore the advantages and applications of each operation policy. Based on our research findings, we provide general guidelines and criteria for operation policy selection.

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Section: Literature Review and Research Gapsmentioning

confidence: 99%

Section: Inventory Management With Remanufacturingmentioning

confidence: 99%

Managing production and inventory in a remanufacturing supply chain with two classes of cores under consignment stock agreement

Zhu

Zhang

Cao

2022

Int Trans Operational Res

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“…Liu et al. (2019a) discuss the production planning for a remanufacturing system and set the planned lead time. Esenduran et al.…”

Section: Literature Reviewmentioning

confidence: 99%

The prices and quality of new and remanufactured products in a new market segment

Qiao

2020

Int Trans Operational Res

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This paper studies the optimal prices and quality of new and remanufactured products, and especially discusses the quality adjustment of the original equipment manufacturer (OEM) in a new market segment that consists of the indifferent segment and the new product only segment. Consumers in the first segment have the same willingness to pay for new and remanufactured products, while consumers in the second segment are only willing to purchase new products. We use the proportion of consumers in the indifferent segment accounting for all consumers to segment the market. We present game models and employ backward induction to derive the optimal prices and quality in three scenarios: the monopolist OEM no‐remanufacturing, the monopolist OEM remanufacturing, and an OEM no‐remanufacturing but an independent remanufacturer (IR) remanufacturing. When the OEM or the IR remanufactures, we find that the OEM cannot lower the product quality. In addition, we compare the optimal quality between the unsegmented and segmented market for each scenario. The results show the OEM should increase its product quality under certain conditions after the OEM realizes that there is a segmented market. Furthermore, we conduct numerical analyses to discuss the impact of related parameters on practitioners’ profits, which provides more guidelines for practitioners.

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“… Cui et al (2015) show that the improvement in the mean square forecast error for all studied products ranged from 7.1 to 81.1% if the company included the retailer’s sales data into the demand forecast based on the data collected from a consumer packaging company. In recent years, remanufacturing of closed-loop supply chains (CLSCs) has made a dent in industry and academia due to the scarcity of material resources ( Govindana et al, 2015 ; Liu B. Y. et al, 2019 ; Aminipour et al, 2021 ; Qiao and Su, 2021 ; Soleimani et al, 2021 ; Zhang and Zhang, 2022 ). Although many studies have shown that remanufacturing can reduce production costs by 40–65%, Akçalı and Çetinkaya (2011) argue that compared to the traditional supply chain, the coordination problem is more sophisticated due to the uncertainty of the recycle rate and market demand in the CLSC.…”

Section: Introductionmentioning

confidence: 99%

To Share or Not to Share? The Role of Retailer’s Information Sharing in a Closed-Loop Supply Chain

2022

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Retailers are faced with a dilemma of whether to share demand information with other supply chain members, and if so, how to share it. Our research interest is motivated by the grounds that the value of downstream retailers’ sales information to upstream manufacturers is to improve the accuracy of manufacturers’ order forecasting. This problem is particularly important in the remanufacturing of closed-loop supply chains (CLSCs). In this study, we consider a retailer (she) as the demand information holder, who sells new and remanufactured products in wholesale to a manufacturer (he) and, simultaneously, she and the manufacturer competitively collect used products from the customers. We explicitly characterize the role of information sharing in a CLSC. We contributed to the information-sharing literature by integrating the existing information-sharing model with dual recycling channels and channel power structure. Previous literature suggests that retailers prefer to share demand information with other firms when the market demand is high. However, surprisingly, we find that when the manufacturer does not play a leading role, the retailer shares her forecast demand information with the manufacturer if the market demand is low. We also show that information sharing reduces the overall profit of the supply chain when the manufacturer dominates the market. In addition, our results also illustrate that information sharing affects the performance of the supply chain mainly by affecting the wholesale price.

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A min–max solution to optimise planned lead time in a remanufacturing system

Cited by 14 publications

References 57 publications

Managing production and inventory in a remanufacturing supply chain with two classes of cores under consignment stock agreement

Managing production and inventory in a remanufacturing supply chain with two classes of cores under consignment stock agreement

The prices and quality of new and remanufactured products in a new market segment

To Share or Not to Share? The Role of Retailer’s Information Sharing in a Closed-Loop Supply Chain

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