Imperfect Production System under Reverse Logistics in Stock-Out Situation: EPQ Model

Dem, Himani; Prasher, Leena

doi:10.1155/2013/915675

Cited by 5 publications

(3 citation statements)

References 32 publications

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“…Regarding the literature review, aspects and characteristics of inventory management in reverse flow, especially on returnable packaging, are not yet sufficiently discussed (Dem and Prasher, 2013;Raj et al, 2014;Matar et al, 2014). On the other words, this topic represents a gap in the literature.…”

Section: Introductionmentioning

confidence: 99%

Survey and analysis the critical success factors in the reverse flow inventory management process for returnable packaging

Silva

Fontana

2020

BJO&PM

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Goal: This study aimed to propose a procedure to survey of the Critical success Factors (CSF) in the reverse flow inventory management. Design / Methodology / Approach: A problem structuring method (PSM) combined with an approach for analysis of strategic map were used to facilitate and share information in a participatory process, considering all the stakeholder's perspectives in order to identify and analyse the CSF. A case study of returnable packaging in the metallurgy and steel industry was conducted to validate the proposal. Results: The proposal was able to minimize conflicts and it facilitated the discussions on the CFSs surveyed. In addition, the decision makers have confirmed that their viewpoints were well represented in the strategic map, and they will use the CFS to evaluate the operations performance. Limitations of the investigation: Although the surveyed CSFs are specific to the presented case study, the procedure may be replicated in other organizations to identify their own CSF. Practical implications: The adequate survey of CSFs is fundamental because they have potential to explain the success or failure of a company, since CSFs impact directly on profits, processes performance and competitive environment. Originality / Value: The main contribution was to propose a methodology to survey critical success factors in the reverse flow environment adequate to messy, complex and unstructured situations, as well as this methodology was able to make a cyclic analysis and comprehension of the multiple perspectives, important in group decision maker environments.

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Section: Introductionmentioning

confidence: 99%

Survey and analysis the critical success factors in the reverse flow inventory management process for returnable packaging

Silva

Fontana

2020

BJO&PM

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“…Cárdenas-Barrón (2009) also looked into a production system having single-stage production process including reworking. Dem and Prasher (2013) proposed a production system based on a flawed manufacturing process. They anticipated that defective items would be reworked or discarded.…”

Section: Literature Reviewmentioning

confidence: 99%

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

Bhatnagar¹,

Kumar²,

Yadav³

2022

RAIRO-Oper. Res.

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Waste management and reworking are very crucial issues in a cleaner production system. The adaptation of the reservation mechanism in inventory control is also a key aspect from an economic and environmental point of view. In the current study, an inventory model for a cleaner production system is modelled taking into consideration inflation and all these practical concerns. The deterioration process takes place in the production system. In the model, market demand is considered as sales team efforts and selling price dependent. Here, the rate of production along with the unit production cost is taken as variables. An investment in preservation technology is made with the goal to lower the percentage of defective products. Further, partial backordering is considered. In order to demonstrate the model, a numerical example is provided. A Hessian matrix is used to establish the concavity of the objective function. A theoretical result is provided to obtain the concavity of the objective function. Sensitivity analysis along with managerial implications is also provided in the manuscript. Results indicate that by implementing high-efficiency preservation technology, the detrimental effects of deterioration on profit can be mitigated. Due to preservation technology, 1.6 percent rise in profit is observed. Thus, the selection of the right preservation technology is crucial for both financial and environmental sustainability. In addition to this, higher reworking rates and capital investment in quality improvement result in high profit for the system.

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“…Used product recycling is crucial in lowering carbon emissions; therefore, researchers are attempting to understand its impact on production and inventory decisions by adding the issue of recycling used products in the development of economic production quantity models. Dem and Prasher [32] studied a reverse logistic inventory model under an EPQ setting with faulty production, stock-based demand, flexible production, and lost sales. The goal was to come up with a collaborative policy for optimal production, recycling, gathering of recyclable things and collection and discarding of faulty items that will minimize the total cost.…”

Section: Epq Model With Product Recyclingmentioning

confidence: 99%

A Literature Review on the Sustainable EPQ Model, Focusing on Carbon Emissions and Product Recycling

Karim¹,

Nakade

2022

Logistics

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Background: Many businesses want to include sustainability in their manufacturing operations. A conventional economic production quantity (EPQ) model is employed to calculate the ideal number of products to manufacture at one time. The goal of this study was to look at the current research on sustainable economic production quantity and supply chain models and suggest prospective future research directions based on existing knowledge gaps. Methods: In this perspective, we used systematic procedures to conduct a survey that included studies from two scenarios: (1a) a sustainable EPQ model that accounts for carbon emissions from inventory storage and manufacture, (1b) a sustainable EPQ model that includes product recycling, and (2) a reverse logistics model that accounts for emissions and product recycling. Results: According to the inquiry, there are reverse logistics models in the literature that consider carbon emissions and product recycling together, but they are not jointly considered for modeling a sustainable EPQ model considering the situation where the manufacturing system is imperfect, although both are vital for ensuring environmental sustainability. Conclusions: In the future, the EPQ model can be developed with these two aspects in mind to understand the effects of product recycling on carbon emissions while controlling production and inventories for an imperfect manufacturing system.

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Imperfect Production System under Reverse Logistics in Stock-Out Situation: EPQ Model

Cited by 5 publications

References 32 publications

Survey and analysis the critical success factors in the reverse flow inventory management process for returnable packaging

Survey and analysis the critical success factors in the reverse flow inventory management process for returnable packaging

A single-stage cleaner production system with waste management, reworking, preservation technology, and partial backlogging under inflation

A Literature Review on the Sustainable EPQ Model, Focusing on Carbon Emissions and Product Recycling

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