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A New Approach for an Inventory Model of a Remanufacturing System with Stochastic Decomposition Process

Conference paper
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Abstract

In this paper, we consider a single-item inventory system with stochastic remanufacturing process. For this system, the (Q,α,β ,γ ) inventory policy is proposed. The control policy parameters are the outside procurement order quantity, the capacity of material warehouse, the capacity of part warehouse, and the capacity of product warehouse, respectively. In this study, queuing system analysis is used to derive the estimated cost function. Also, the simulation studies are used to evaluate effectiveness of proposed estimated cost function. To the best of our knowledge, this study, for the first time in the literature, used analytical method for deriving estimated cost function of a remanufacturing system with stochastic decomposition process.

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Copyright information

© Physica-Verlag Heidelberg 2009

Authors and Affiliations

  1. 1.University of Science and CultureTehranIRAN

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