Title :
Study on Inventory Control Model of Reverse Logistics for Products in Declining Period
Author :
Peng, Baoling ; Pan, Yu ; Pan, Fang
Author_Institution :
Coll. of Manage. Sci. & Eng., Nanjing Univ. of Technol., Nanjing, China
Abstract :
Reverse logistics essence and the important role of inventory control in reverse logistics are systemic studied, based on traditional inventory models, reverse logistics is introduced. According to particularity of products in declining period, using the technique of product life cycle; systems engineering; stochastic process and mathematical modeling, a mathematical model is constructed that demand and return both obey the Poisson distribution and they are independent of each other; part of returns are discarded. Then the mathematical model above is solved.
Keywords :
Poisson distribution; reverse logistics; stochastic processes; stock control; Poisson distribution; declining period; inventory control model; mathematical model; mathematical modeling; product life cycle; reverse logistics; stochastic process; systems engineering; Conference management; Educational institutions; Electronic commerce; Electronics industry; Inventory control; Inventory management; Manufacturing; Mathematical model; Reverse logistics; Stochastic processes; control model; inventory; reverse logistics;
Conference_Titel :
Electronic Commerce and Business Intelligence, 2009. ECBI 2009. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3661-3
DOI :
10.1109/ECBI.2009.23
