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author:

Bao, X.-Y. (Bao, X.-Y..) [1] | Yang, C.-H. (Yang, C.-H..) [2] | Pu, Y. (Pu, Y..) [3]

Indexed by:

Scopus PKU CSCD

Abstract:

To gain maximum expected profit, the pricing model of remanufactured products was proposed from the perspective of remanufactures. In this model, the demand obeyed Poisson distribution and reservation price obeyed exponential distribution. Thus, the optimal pricing equation of remanufactured products was concluded. Characteristics of optimal price were analyzed. Result showed the optimal price decreased with disposal cost of worn-out products, and decreased with the parameter of reservation price. Finally, a numerical example was provided, and a series of management principles were presented.

Keyword:

Exponential distribution; Poisson distribution; Pricing; Remanufactured product; Reservation price; Supply chains; Worn-out product

Community:

  • [ 1 ] [Bao, X.-Y.]School of Economics and Management, Southwest Jiaotong University, Chengdu 610031, China
  • [ 2 ] [Yang, C.-H.]Public Administration School, Fuzhou University, Fuzhou 350108, China
  • [ 3 ] [Pu, Y.]School of Economics and Management, Southwest Jiaotong University, Chengdu 610031, China

Reprint 's Address:

  • [Bao, X.-Y.]School of Economics and Management, Southwest Jiaotong University, Chengdu 610031, China

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Source :

Computer Integrated Manufacturing Systems, CIMS

ISSN: 1006-5911

Year: 2008

Issue: 12

Volume: 14

Page: 2436-2440,2475

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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