Two-warehouse reverse logistic inventory model for deteriorating item under learning effect
Proceedings of Fourth International Conference on Soft Computing for Problem …, 2015•Springer
Sustainability of environment requires more concentration on reverse logistics. Keeping this
in mind, in this article, we have developed a two-warehouse reverse logistic model with finite
rate of production and remanufacturing. A forward and reverse supply chain is considered
for deteriorating items. During different cycles, remanufactured and fresh products are stored
in owned warehouse (OW) which has limited storage space. For the excess amount,
supplier hire rented warehouse (RW) at a high cost of holding than the holding cost of OW …
in mind, in this article, we have developed a two-warehouse reverse logistic model with finite
rate of production and remanufacturing. A forward and reverse supply chain is considered
for deteriorating items. During different cycles, remanufactured and fresh products are stored
in owned warehouse (OW) which has limited storage space. For the excess amount,
supplier hire rented warehouse (RW) at a high cost of holding than the holding cost of OW …
Abstract
Sustainability of environment requires more concentration on reverse logistics. Keeping this in mind, in this article, we have developed a two-warehouse reverse logistic model with finite rate of production and remanufacturing. A forward and reverse supply chain is considered for deteriorating items. During different cycles, remanufactured and fresh products are stored in owned warehouse (OW) which has limited storage space. For the excess amount, supplier hire rented warehouse (RW) at a high cost of holding than the holding cost of OW. Main objective of this study is to find optimal value of total relevant cost. Numerical illustration and sensitivity analysis is given at the end of this paper.
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