The economics of a closed-loop supply chain with remanufacturing

Chen, J. M.; Chang, Chia I.

doi:10.1057/jors.2011.142

Cited by 46 publications

(11 citation statements)

References 23 publications

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“…The availability Webster and Mitra (2007), Michaud andllerena (2011), ovchinnikov (2011), Chen and Chang (2012).Competition Majumder and groenevelt (2001), ferguson and toktay (2006), ferrer and Swaminathan (2006), Savaskan and Van Wassenhove (2006), Webster and Mitra (2007), ovchinnikov (2011), , Chen and Chang (2012), gu and gao (2012), Wu (2012) product over manufactured product by the manufacturer under cost constraint in a competitive market. These aspects need further study considering the growing market of remanufactured products in general.…”

Section: Discussion On Future Scope Of Acquisition Management Researchmentioning

confidence: 99%

Future aspect of acquisition management in closed-loop supply chain

Jena¹,

Sarmah

2016

International Journal of Sustainable Engineering

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This paper reviews the current development and practices in closed-loop supply chain under content analysis of the published literatures. A comprehensive literature review of recent and state-of-the-art paper is vital to draw a framework and to shed light on the future direction. We have reviewed here articles on remanufacturing with special emphasis on literature related to acquisition management of returned items. For review of articles, various web-based search engine, books, journal and conference proceeding are selected and reviewed. The research papers are then analysed and categorized to construct useful foundation of past research. The review shows that current researchers are focusing on devising pricing policies to attract used products from customers. Finally, gaps in the literature are identified to suggest future research opportunities.

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Section: Discussion On Future Scope Of Acquisition Management Researchmentioning

confidence: 99%

Future aspect of acquisition management in closed-loop supply chain

Jena¹,

Sarmah

2016

International Journal of Sustainable Engineering

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“…According to a variety of different parameters, the impacts on system performance are taken into account in the paper. Chen and Chang [24] present several game models to identify the economic benefits of the remanufacturing system. Pietro and Georges [25] develop CLSC game models to investigate the operational performance.…”

Section: Relevant Literaturementioning

confidence: 99%

Impact of Consumer Loss Aversion on Operations in the Context of Remanufacturing

Liao

Wang

2020

Complexity

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Loss aversion is an important psychological characteristic that has become well supported in finance and marketing. This paper introduces consumer loss aversion into the game model with two substitutable products in a remanufacturing system. The loss-averse consumers gain utility from comparing the price and value dimensions with the superior product. Our model highlights alternative products competition, product selections, and consumption psychology in a remanufacturing environment. The results show that consumer loss aversion has important implications on key decisions in the remanufacturing system. When the manufacturer faces loss-averse consumers, there is a tendency to charge higher prices for two types of products. At the same time, the sales prices increase with the degree of loss aversion. Further analysis reveals that if the manufacturer manipulates consumers with a high probability of purchase, the feature of loss aversion usually benefits him. Our theoretical analyses are proven by numerical computation and some useful conclusions are summarized in this paper.

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“…In the literature, demands have been modeled as linear functions of prices on many occasions (See, for example, [2,5,7,8,12,14,16,20,24,25,28,35,36]); however, here demands have been represented as linear functions of contributions primarily for two reasons. First, a manufacturer while making pricing decisions must ensure that at least the variable cost of manufacturing is recovered, i.e.…”

Section: Single-period Model With No Remanufacturingmentioning

confidence: 99%

Models to explore remanufacturing as a competitive strategy under duopoly

Mitra

2016

Omega

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The economics of a closed-loop supply chain with remanufacturing

Cited by 46 publications

References 23 publications

Future aspect of acquisition management in closed-loop supply chain

Future aspect of acquisition management in closed-loop supply chain

Impact of Consumer Loss Aversion on Operations in the Context of Remanufacturing

Models to explore remanufacturing as a competitive strategy under duopoly

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