A Review of Inventory Management for Remanufacturing Environment

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This paper outlines work carried out in the field of inventory management on remanufacturing. So far numerous authors have proposed quantitative models taking inventory management in remanufacturing into consideration. However, no general framework has been specified yet. Thus, it appears timely for a composed outline of the issues showing up in the context of remanufacturing inventory control. In this review, the area is subdivided into three main fields, in particular inventory policies, deterministic & stochastic models and lead time effects. For each of the aforementioned fields, the models proposed in the literature are reviewed and the areas in necessity of further research are indicated.

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618-622

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December 2013

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© 2014 Trans Tech Publications Ltd. All Rights Reserved

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