• Login
• Admin

Zileli, Nejat (2020) Investigating the impact of product durability on the economics of remanufacturing. [Dissertation (University of Nottingham only)]

PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader Download (5MB)

Abstract

Increasing environmental legislation and growing benefits of circular economies led people to investigate the potential benefits of Closed-Loop Supply Chains (CLSC). Therefore, in recent years, creating value by managing product returns in a CLSC has gained importance. Although much research has been carried out in CLSC with remanufacturing, the research which focusses on the importance of supply-loop constraints was limited. This study aims to discuss the profitability and managerial policies in remanufacturing under limited component durability. During this study, cost comparisons with an open-loop supply chain were made to discuss the feasibility of remanufacturing. The problem is modeled by using a linear programming approach due to its ability to investigate different scenarios in a short amount of time. Morever, a numerical analysis was done to gain managerial insights and to come up with a decision rule that works in stochastic environments. A decision rule has been found. The decision rule was tested against an stochastic scenario by using a simulation technique. The result of this study show under which parameters the CLSC is more profitable than an open-loop supply chain. The decision rule indicates when a manager should hold inventories, make remanufacturing decisions, and decide on when to manufacture new products even under stochastic customer residence times.

Item Type:	Dissertation (University of Nottingham only)
Keywords:	Product durability,economics of remanufacturing, decision rule
Depositing User:	Zileli, Nejat
Date Deposited:	18 Apr 2023 14:14
Last Modified:	18 Apr 2023 14:14
URI:	https://eprints.nottingham.ac.uk/id/eprint/62874

Actions (Archive Staff Only)

Edit View