Browse > Article

An improved Ordering and Recovery Policy for Reusable Items  

Jung, Jin-A (Dept. of Systems Management and Engineering, Pukyong National University)
Koh, Shie-Gheun (Dept. of Systems Management and Engineering, Pukyong National University)
Publication Information
Journal of Korean Institute of Industrial Engineers / v.34, no.1, 2008 , pp. 32-41 More about this Journal
Abstract
This paper studies a joint EOQ and EPQ model in which a stationary demand can be satisfied by recycled products as well as newly purchased products. The model assumes that a fixed quantity of the used products are collected from customers and later recovered for reuse. The recovered products are regarded as perfectly new ones. We also assume that the number of orders for newly purchasing items and the number of recovery setups in a cycle can be mutually independent integers. Under these assumptions, we develop an optimization model obtaining the economic order quantity for newly procured products, the optimal lot size for the recovery process, and the sequence of the orders and the setups, simultaneously. And then a simple solution procedure to find a local optimal control parameter set is proposed. To validate the model and the solution procedure, finally, some computational experiments are presented.
Keywords
Inventory; Recycling; Recovery; Reuse; EOQ; EPQ;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Cho, D. I. and Parlar, M. (1991), A survey of maintenance models for multi-unit systems. European Jounal of Operational Research, 51, 1-23.   DOI   ScienceOn
2 Kelly, P. and Silver, E. A. (1989), Purchasing policy of new containers considering the random returns of previously issued containers. IIE Transactions, 21, 349-354.   DOI
3 Kim, J. S., Hur, S. and Shin, K. C. (1998), An algorithm to determine the spare inventory level for repairable-item inventory system with depot spares. Journal of the Korean Institute of Industrial Engineers 24, 387-396.
4 van der Laan, E., Dekker, R. and Salomon, M. (1996a), Product remanufacturing and disposal：A numerical comparison of alternative control strategies. International Journal of Production Economics, 45, 489-498.   DOI   ScienceOn
5 van der Laan, E., Salomon, M., Dekker, R. and Van Wassenhove, L. (1999b), Inventory control in hybrid systems with remanufacturing. Management Science, 45, 733-747.   DOI   ScienceOn
6 Konstantaras, I. and Papachristos, S. (2007), A note on：Developing an exact solution for an inventory system with product recovery. International Journal of Production Economics, doi：10.1016/j.ijpe.2007.03.021.
7 Mabini, M. C., Pintelon, L. M. and Gelders, L. F. (1992), EOQ type formulation for controlling repairable inventories. International Journal of Production Economics, 28, 21-33.   DOI   ScienceOn
8 Richter, K. (1996a), The EOQ repair and waste disposal model with variable setup numbers. European Journal of Operational Research, 95, 313-324.   DOI   ScienceOn
9 Teunter, R. H. (2001), Economic order quantities for recoverable item inventory systems. Naval Research Logistics, 48, 484-495.   DOI   ScienceOn
10 Guide, V. D. R. (2000), Production planning and control for remanufacturing: industry practice and research needs. Journal of Operations Management, 18, 467-483.   DOI   ScienceOn
11 Richter, K. (1996b), The extended EOQ repair and waste disposal model. International Journal of Production Economics, 45, 443-447.   DOI   ScienceOn
12 Nahmias, N. and Rivera, H. (1979), A deterministic model for a repairable item inventory system with finite repair rate. International Journal of Production Research, 17, 215-221.   DOI   ScienceOn
13 Teunter, R. H. (2004), Lot-sizing for inventory systems with product recovery. Computers & Industrial Engineering, 46, 431-441.   DOI   ScienceOn
14 van der Laan, E. and Salomon, M. (1997), Production planning and inventory control with remanufacturing and disposal. European Journal of Operational Research, 102, 264-278.   DOI   ScienceOn
15 van der Laan, E., Dekker, R., Salomon, M. and Ridder, A. (1996b), An (s, Q) inventory model with remanufacturing and disposal. International Journal of Production Economics, 46, 339-350.   DOI   ScienceOn
16 Thierry, M. C., Salomon, M., van Nunen, J. and Van Wassenhove, L. (1995), Strategic issues in product recovery management. California Management Review, 37, 114-135.   DOI   ScienceOn
17 Kim, J. S. and Shin, K. C. (1993), Algorithm to determine the optimal spare inventory level for repairable-item inventory system. Journal of the Korean Institute of Industrial Engineers 19, 81-90.
18 van der Laan, E. and Salomon, M. (1999a), An investigation of lead-time effects in manufacturing / remanufacturing systems under simple PUSH and PULL control strategies. European Journal of Operational Research, 115, 195-214.   DOI   ScienceOn
19 Fleischmann, M., Bloemhof-Ruwaard, J. M., Dekker, R., van der Laan, E., van Nunen, J. A. and Van Wassenhove, L. N. (1997), Quantitative models for reverse logistics：A review. European Journal of Operational Research, 103, 1-17.   DOI   ScienceOn
20 Guide, V. D. R., Jayaraman, V. and Srivastava, R. (1997), Repairable inventory theory: Models and applications. European Journal of Operational Research, 102, 1-20.   DOI   ScienceOn
21 Wong, H., Dirk, C. and Dirk, O. (2005), Inventory pooling of repairable spare parts with non-zero lateral transshipment time and delayed lateral transshipments. European Journal of Operational Research, 165, 207-218.   DOI   ScienceOn
22 Heyman, D. P. (1977), Optimal disposal policies for a single- item inventory system with returns. Naval Research Logistics Quarterly, 24, 385-405.   DOI
23 Simpson, V. P. (1978), Optimal solution structure for a repairable inventory problem. Operations Research, 26, 270-281.   DOI   ScienceOn
24 Schrady, D. A. (1967), A deterministic inventory model for repairable items. Naval Research Logistics Quarterly, 14, 391-398.   DOI
25 Muchstadt, J. A. and Issac, M. H. (1981), An analysis of single item inventory systems with returns. Naval Research Logistics Quarterly, 28, 237-254.   DOI
26 Cohen, M. A., Pierskalla, W. P. and Nahmias, S. (1980), A dynamic inventory system with recycling. Naval Research Logistics Quarterly, 27, 289-296.   DOI
27 Koh, S. G., Hwang, H., Sohn, K. I. and Ko, C. S. (2002), An optimal ordering and recovery policy for reusable items. Computers & Industrial Engineering, 43, 59-73.   DOI   ScienceOn
28 Spengler, Th., Puchert, H., Penkuhm, T. and Rentz, O. (1997), Environmental integrated production and recycling management. European Journal of Operational Research, 97, 308-326.   DOI   ScienceOn