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Economic lot scheduling problem with returns

Tang, O and Teunter, R H (2006) Economic lot scheduling problem with returns. Working Paper. The Department of Management Science, Lancaster University.

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Abstract

Motivated by a case study of a company that produces car parts, we study the multi-product economic lot scheduling problem for a hybrid production line with manufacturing of new products and remanufacturing of returned products. For this economic lot scheduling problem with returns (ELSPR), we consider policies with a common cycle time for all products, and with one manufacturing lot and one remanufacturing lot for each product during a cycle. For a given cycle time, the problem is formulated as a mixed integer linear programming (MIP) problem, which provides the basis for an exact algorithm. The application of this algorithm for one of the core products of the case study company indicates a 16% reduction in cost compared to the current lot scheduling policy.

Item Type: Monograph (Working Paper)
Uncontrolled Keywords: ELSP ; returns ; remanufacturing ; reverse logistics
Subjects:
Departments: Lancaster University Management School > Management Science
ID Code: 48831
Deposited By: ep_importer_pure
Deposited On: 11 Jul 2011 22:15
Refereed?: No
Published?: Published
Last Modified: 27 Jul 2012 01:16
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/48831

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