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On optimal inventory control with independent stochastic item returns

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  • Fleischmann, Moritz
  • Kuik, Roelof

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  • Fleischmann, Moritz & Kuik, Roelof, 2003. "On optimal inventory control with independent stochastic item returns," European Journal of Operational Research, Elsevier, vol. 151(1), pages 25-37, November.
  • Handle: RePEc:eee:ejores:v:151:y:2003:i:1:p:25-37
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    References listed on IDEAS

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    1. van der Laan, Erwin & Salomon, Marc, 1997. "Production planning and inventory control with remanufacturing and disposal," European Journal of Operational Research, Elsevier, vol. 102(2), pages 264-278, October.
    2. George M. Constantinides, 1976. "Stochastic Cash Management with Fixed and Proportional Transaction Costs," Management Science, INFORMS, vol. 22(12), pages 1320-1331, August.
    3. Donald L. Iglehart, 1963. "Optimality of (s, S) Policies in the Infinite Horizon Dynamic Inventory Problem," Management Science, INFORMS, vol. 9(2), pages 259-267, January.
    4. van der Laan, Erwin & Dekker, Rommert & Salomon, Marc, 1996. "Product remanufacturing and disposal: A numerical comparison of alternative control strategies," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 489-498, August.
    5. Fleischmann, Moritz & Bloemhof-Ruwaard, Jacqueline M. & Dekker, Rommert & van der Laan, Erwin & van Nunen, Jo A. E. E. & Van Wassenhove, Luk N., 1997. "Quantitative models for reverse logistics: A review," European Journal of Operational Research, Elsevier, vol. 103(1), pages 1-17, November.
    6. Kamran Moinzadeh & Steven Nahmias, 1988. "A Continuous Review Model for an Inventory System with Two Supply Modes," Management Science, INFORMS, vol. 34(6), pages 761-773, June.
    7. Erwin van der Laan & Marc Salomon & Rommert Dekker & Luk Van Wassenhove, 1999. "Inventory Control in Hybrid Systems with Remanufacturing," Management Science, INFORMS, vol. 45(5), pages 733-747, May.
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    Cited by:

    1. Wang, Ziping & Yao, Dong-Qing & Huang, Peiqing, 2007. "A new location-inventory policy with reverse logistics applied to B2C e-markets of China," International Journal of Production Economics, Elsevier, vol. 107(2), pages 350-363, June.
    2. Gou, Qinglong & Liang, Liang & Huang, Zhimin & Xu, Chuanyong, 2008. "A joint inventory model for an open-loop reverse supply chain," International Journal of Production Economics, Elsevier, vol. 116(1), pages 28-42, November.
    3. Zhou, Li & Naim, Mohamed M. & Ou Tang & Towill, Denis R., 2006. "Dynamic performance of a hybrid inventory system with a Kanban policy in remanufacturing process," Omega, Elsevier, vol. 34(6), pages 585-598, December.
    4. Zolfagharinia, Hossein & Hafezi, Maryam & Farahani, Reza Zanjirani & Fahimnia, Behnam, 2014. "A hybrid two-stock inventory control model for a reverse supply chain," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 67(C), pages 141-161.
    5. Kilic, Onur A. & Tunc, Huseyin, 2019. "Heuristics for the stochastic economic lot sizing problem with remanufacturing under backordering costs," European Journal of Operational Research, Elsevier, vol. 276(3), pages 880-892.
    6. Faccio, M. & Persona, A. & Sgarbossa, F. & Zanin, G., 2014. "Sustainable SC through the complete reprocessing of end-of-life products by manufacturers: A traditional versus social responsibility company perspective," European Journal of Operational Research, Elsevier, vol. 233(2), pages 359-373.
    7. Flapper, Simme Douwe & Gayon, Jean-Philippe & Lim, Lâm Laurent, 2014. "On the optimal control of manufacturing and remanufacturing activities with a single shared server," European Journal of Operational Research, Elsevier, vol. 234(1), pages 86-98.
    8. Mitra, Subrata, 2009. "Analysis of a two-echelon inventory system with returns," Omega, Elsevier, vol. 37(1), pages 106-115, February.
    9. Tamjidzad, Shahrzad & Mirmohammadi, S. Hamid, 2015. "An optimal (r, Q) policy in a stochastic inventory system with all-units quantity discount and limited sharable resource," European Journal of Operational Research, Elsevier, vol. 247(1), pages 93-100.
    10. Kim, Eungab & Saghafian, Soroush & Van Oyen, Mark P., 2013. "Joint control of production, remanufacturing, and disposal activities in a hybrid manufacturing–remanufacturing system," European Journal of Operational Research, Elsevier, vol. 231(2), pages 337-348.
    11. Vercraene, Samuel & Gayon, Jean-Philippe, 2013. "Optimal control of a production-inventory system with productreturns," International Journal of Production Economics, Elsevier, vol. 142(2), pages 302-310.
    12. Tianji Yang & Chao Fu & Xinbao Liu & Jun Pei & Lin Liu & Panos M. Pardalos, 2018. "Closed-loop supply chain inventory management with recovery information of reusable containers," Journal of Combinatorial Optimization, Springer, vol. 35(1), pages 266-292, January.
    13. Mitra, Subrata, 2007. "Revenue management for remanufactured products," Omega, Elsevier, vol. 35(5), pages 553-562, October.
    14. Ponte, Borja & Naim, Mohamed M. & Syntetos, Aris A., 2019. "The value of regulating returns for enhancing the dynamic behaviour of hybrid manufacturing-remanufacturing systems," European Journal of Operational Research, Elsevier, vol. 278(2), pages 629-645.
    15. Atamer, Büşra & Bakal, İsmail S. & Bayındır, Z. Pelin, 2013. "Optimal pricing and production decisions in utilizing reusable containers," International Journal of Production Economics, Elsevier, vol. 143(2), pages 222-232.
    16. Moritz Fleischmann & Jo A. E. E. van Nunen & Ben Gräve, 2003. "Integrating Closed-Loop Supply Chains and Spare-Parts Management at IBM," Interfaces, INFORMS, vol. 33(6), pages 44-56, December.
    17. I. Karakayali & E. Akçalı & S. Çetinkaya & H. Üster, 2013. "Capacitated replenishment and disposal planning for multiple products with resalable returns," Annals of Operations Research, Springer, vol. 203(1), pages 325-350, March.
    18. Linwei Xin & David A. Goldberg, 2018. "Asymptotic Optimality of Tailored Base-Surge Policies in Dual-Sourcing Inventory Systems," Management Science, INFORMS, vol. 64(1), pages 437-452, January.
    19. Weerasinghe, Ananda & Zhu, Chao, 2016. "Optimal inventory control with path-dependent cost criteria," Stochastic Processes and their Applications, Elsevier, vol. 126(6), pages 1585-1621.
    20. Zerhouni, Hichem & Gayon, Jean-Philippe & Frein, Yannick, 2013. "Influence of dependency between demands and returns in a reverse logistics system," International Journal of Production Economics, Elsevier, vol. 143(1), pages 62-71.
    21. Lado, Nora & Husillos, F. Javier & Berrone, Pascual Alberto & Álvarez Gil, María Joséfa, 2005. "The explanatory power of trust and commitment and stakeholders' salience : their influence on the reverse logistics programs performance," DEE - Working Papers. Business Economics. WB wb050303, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
    22. Xiaoming Li, 2013. "Managing Dynamic Inventory Systems with Product Returns: A Markov Decision Process," Journal of Optimization Theory and Applications, Springer, vol. 157(2), pages 577-592, May.

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