Abstract:This paper analyzes an optimal dynamic production control problem of a remanufacturing system in stochastic environment. The system consists of one inventory for serviceable items and one virtual inventory for the items used by customers which will be either remanufactured to be serviceable items or discarded. Demands will be lost if there is no serviceable items available. At any decision epoch, the decision maker has to decide whether to produce items or not by raw materials, so as to minimize the long run a… Show more
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