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Revisiting revenue management for remanufactured products

Author

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  • Jonas Yu
  • H.-M. Wee
  • G.B. Su

Abstract

The purpose of revenue management for remanufactured products is to maximise the expected revenue for remanufactured products. Most researchers in revenue management focus on analysing the sensitivity of the expected revenue to price, availability and disposal cost. In this note, we apply the Karush–Kuhn–Tucker conditions with maximum price constraints, and demonstrate that the optimal prices for the non-linear problem fall within the feasible region when constraints are imposed. A numerical example is given to illustrate the proposed study.

Suggested Citation

  • Jonas Yu & H.-M. Wee & G.B. Su, 2013. "Revisiting revenue management for remanufactured products," International Journal of Systems Science, Taylor & Francis Journals, vol. 44(11), pages 2152-2157.
    • Handle: RePEc:taf:tsysxx:v:44:y:2013:i:11:p:2152-2157
    DOI: 10.1080/00207721.2012.685199
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    Cited by:

    1. Yi-Kuei Lin & Ping-Chen Chang, 2015. "A novel model for a manufacturing system with joint production lines in terms of prior-set," International Journal of Systems Science, Taylor & Francis Journals, vol. 46(2), pages 340-354, January.

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