Optimal recycling and ordering policy with partial backordered shortage

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Abstract

Product recycle and parts reutilization are two of the vital ways to protect environment. In recent years, more and more industries begin to adopt recycling as their key strategy. Koh, et al. [3] developed a model with an infinite production rate and finite recovery rate without backorder. In this study, we focus on how a supplier makes recycling as her dominant policy of production and procurement. An optimal production and inventory control policy with partial backordering is developed, Numerical examples and sensitivity analysis are provided to illustrate the theory. © Springer-Verlag Berlin Heidelberg 2007.

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APA

Teng, H. M., Wee, H. M., & Hsu, P. H. (2007). Optimal recycling and ordering policy with partial backordered shortage. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 4705 LNCS, pp. 871–885). Springer Verlag. https://doi.org/10.1007/978-3-540-74472-6_71

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