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Research on Production Optimization Model of the Closed-Loop Supply Chain with Remanufacturing Based on Product Differentiation
Abstract:
This paper establishes a two-period production optimization model of the closed-loop supply chain with remanufacturing incorporating the consumers’ different preferences for the new product and the remanufactured product. Through theoretical analysis, we obtain the optimum production and pricing strategies, and analyze the impact of the consumers’ acceptance for the remanufactured product on production quantity and product pricing, which provides a basis for the manufacturer’s production decisions.
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1503-1506
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December 2012
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© 2013 Trans Tech Publications Ltd. All Rights Reserved
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