The impact of information sharing, random yield, correlation, and lead times in closed loop supply chains
dc.contributor.author | Hosoda, T | |
dc.contributor.author | Disney, SM | |
dc.contributor.author | Gavirneni, S | |
dc.date.accessioned | 2019-09-10T13:08:40Z | |
dc.date.issued | 2015-05-22 | |
dc.description.abstract | We investigate the impact of advance notice of product returns on the performance of a decentralised closed loop supply chain. The market demands and the product returns are stochastic and are correlated with each other. The returned products are converted into "as-good-as-new" products and used, together with new products, to satisfy the market demand. The remanufacturing process takes time and is subject to a random yield. We investigate the benefit of the manufacturer obtaining advance notice of product returns from the remanufacturer. We demonstrate that lead times, random yields and the parameters describing the returns play a significant role in the benefit of the advance notice scheme. Our mathematical results offer insights into the benefits of lead time reduction and the adoption of information sharing schemes. | en_GB |
dc.description.sponsorship | Japan Society for the Promotion of Science | en_GB |
dc.identifier.citation | Vol. 246 (3), pp. 827 - 836 | en_GB |
dc.identifier.doi | 10.1016/j.ejor.2015.05.036 | |
dc.identifier.grantnumber | 25380475 | en_GB |
dc.identifier.uri | http://hdl.handle.net/10871/38649 | |
dc.language.iso | en | en_GB |
dc.publisher | Elsevier | en_GB |
dc.rights | © 2015. This version is made available under the CC-BY-NC-ND 4.0 license: https://creativecommons.org/licenses/by-nc-nd/4.0/ | en_GB |
dc.subject | Supply chain management | en_GB |
dc.subject | Closed loop supply chain | en_GB |
dc.subject | Information sharing | en_GB |
dc.subject | Random yield | en_GB |
dc.subject | Lead time | en_GB |
dc.title | The impact of information sharing, random yield, correlation, and lead times in closed loop supply chains | en_GB |
dc.type | Article | en_GB |
dc.date.available | 2019-09-10T13:08:40Z | |
dc.identifier.issn | 0377-2217 | |
dc.description | This is the author accepted manuscript. The final version is available from Elsevier via the DOI in this record | en_GB |
dc.identifier.journal | European Journal of Operational Research | en_GB |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | en_GB |
dcterms.dateAccepted | 2015-05-14 | |
rioxxterms.version | AM | en_GB |
rioxxterms.licenseref.startdate | 2015-05-14 | |
rioxxterms.type | Journal Article/Review | en_GB |
refterms.dateFCD | 2019-09-10T13:07:18Z | |
refterms.versionFCD | AM | |
refterms.dateFOA | 2019-09-10T13:08:43Z | |
refterms.panel | C | en_GB |
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Except where otherwise noted, this item's licence is described as © 2015. This version is made available under the CC-BY-NC-ND 4.0 license: https://creativecommons.org/licenses/by-nc-nd/4.0/