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author:

Yang, Cheng-Hu (Yang, Cheng-Hu.) [1] (Scholars:阳成虎) | Ma, Xin (Ma, Xin.) [2] | Talluri, Srinivas (Talluri, Srinivas.) [3]

Indexed by:

SSCI EI Scopus SCIE

Abstract:

When making decisions to acquire used products or components (cores), a remanufacturer faces limited information on the quality or proportional yield of cores during the recovery process. In this paper, we propose and analyse a robust optimisation model for studying the remanufacturing decision problem with partial random yield information, that is, when the quality information of cores is partly unknown in a remanufacturing system. Regarding the impacts of unknown yield information, we only require the support and mean of the proportional yield rather than the true distributions. The closed-form solutions of acquisition quantities are derived based on the minimax regret approach. In addition, to validate the effectiveness of the analytical results, particularly the acquisition of yield information, numerical experiments are designed and implemented using (1) the support and mean of the proportional yield based on the manufacturer's knowledge and (2) a sampling inspection to evaluate the performance of the robust optimisation approach, the benchmark, and the naive approach. We observe that the minimax regret approach slightly underperforms compared to the benchmark but performs much better than the naive approach. As an acceptable choice, this approach is less complicated and extremely easy to implement to meet the needs of practical situations based on its robust closed-form solutions.

Keyword:

acquisition quantity partial information Remanufacturing robust optimisation

Community:

  • [ 1 ] [Yang, Cheng-Hu]Fuzhou Univ, Sch Econ & Management, Fuzhou, Fujian, Peoples R China
  • [ 2 ] [Ma, Xin]Monash Univ, Monash Business Sch, Dept Management, Melbourne, Vic, Australia
  • [ 3 ] [Talluri, Srinivas]Michigan State Univ, Eli Broad Coll Business, Dept Supply Chain Management, E Lansing, MI 48824 USA

Reprint 's Address:

  • [Talluri, Srinivas]Michigan State Univ, Eli Broad Coll Business, Dept Supply Chain Management, E Lansing, MI 48824 USA

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Source :

INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH

ISSN: 0020-7543

Year: 2019

Issue: 6

Volume: 57

Page: 1624-1644

4 . 5 7 7

JCR@2019

7 . 0 0 0

JCR@2023

ESI Discipline: ENGINEERING;

ESI HC Threshold:150

JCR Journal Grade:1

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count: 13

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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