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Author:Ferrer, G.
Title:Yield information and supplier responsiveness in remanufacturing operations
Journal:European Journal of Operational Research
2003 : SEP, VOL. 149:3, p. 540-556
Index terms:Manufacturing
Stochastic processes
Labour
Skills
Language:eng
Abstract:When making used product disassembly and procurement decisions, managers of remanufacturing facilities usually face limited information on remanufacturing yields or a potentially long supplier lead time. This paper provides optimal lot-size policies for each of these scenarios, which are available for remanufacturing. The authors find that (1) as the yield variance increases, the benefits of developing early detection capability of the process yield at the dissembly stage outweigh the advantage of having suppliers with short lead times; (2) as the shortage cost increases, it is preferable to have a responsive supplier that can deliver with short lead times; and (3) as the purchase, repair or holding cost increase, it is preferable to have the capability to detect process yield early.
SCIMA record nr: 249801
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