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Bibliographic Data
Control Number314188
Date and Time of Latest Transaction20150706093757.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameChe-Fu Hsueh
Title StatementAn inventory control model with consideration of remanufacturing and product life cycle by Che-Fu Hsueh
Physical Descriptionpages 645-652 computer file; text; 480kb
Summary, Etc.This paper investigates inventory control policies in a manufacturing/remanufacturing system during the product life cycle, which consists of four phases: introduction, growth, maturity, and decline. Both demand rate and return rate of products are random variables with normal distribution; the mean of the distribution varies according to the time in the product life cycle. Closed-form formulas of optimal production lot size, reorder point, and safety stock in each phase of the product life cycle are derived. A numerical example is presented with sensitivity analysis. The result shows that different inventory control policies should be adopted in different phases of the product life cycle. It is also found that the optimal production lot size and reorder point are not sensitive to the phase length and the demand changing rate
Subject Added Entry - Topical TermSocial sciences
 Inventory control
 Product life cycle
 Reverse logistics
LocationDOST STII ScienceDirect NONPRINTS NP 14-16553 1 14-16553 Online/Download 2012-01-19
  
     
 
Physical Location
Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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