Title :
Optimal Production Planning for a Closed Loop System with Quality Uncertainty of Used Product
Author :
Shi, Jianmai ; Liu, Zhong ; Zhu, Cheng ; Zhang, Yingxin
Author_Institution :
Key Lab. of Inf. Syst. Eng. Technol., Nat. Univ. of Defense Technol., Changsha, China
Abstract :
The joint acquisition of used products and production planning problem is investigated for a closed loop system, which involves a manufacturing facility and a remanufacturing facility. The return quantity of used products is assumed to be deterministic and price-dependent, but the percentage of the used products that can be remanufactured is random. The demand is uncertain and can be satisfied by the newly manufactured products and the remanufactured products. The objective of the problem is to maximize the expected profit through simultaneously determining the production quantity of new products, the acquisition price of the used products and the quantity of remanufactured products. A mathematical model is presented to formulate the problem, and the numerical example and managerial analysis are reported.
Keywords :
closed loop systems; mathematical analysis; production facilities; production planning; profitability; quality management; recycling; closed loop system; managerial analysis; mathematical model; optimal production planning; production quantity; profit maximization; remanufactured products; remanufacturing facility; used product quality uncertainty; Closed loop systems; Numerical models; Planning; Production planning; Supply chains; Uncertainty; closed loop supply chain; reverse logistics; uncertain demand; uncertain return;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on
Conference_Location :
Shenzhen
Print_ISBN :
978-1-61284-450-3
DOI :
10.1109/ICIII.2011.240
