On the non-optimality of the average cost approach for inventory models with remanufacturing

  • Ruud Teunter
  • Erwin van der Laan
Schlagworte: Inventory control, remanufacturing, disposal, costing

Abstract

When analysing average cost (AC) inventory models, it is common use to add the discount rate times the capital tied up in a product to the out-of-pocket holding cost rate. This way, capital costs are (roughly) included. In this paper we show that such a method may not always be appropriate for reverse logistics inventory models with both remanufacturing and disposal of returned products.

Veröffentlicht
2018-10-24
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