This paper deals with the product acquisition control problem and considers returned product quality with two types of classes. The system includes the flow of the product returns from customers to the factory as well as the forward flow of the sales. We formulate the acquisition problem together with product quality and stochastic demand using the Markov decision process. A numerical example is given to show the implementation of the methodology.
Markov decision process, reverse supply chains
Industrial Engineering | Mechanical Engineering
Northeast Decision Sciences Institute
Copyright 2010, Surendra M. Gupta
Surendra M. Gupta
Nakashima, Kenichi and Gupta, Surendra M., "Analysis of remanufacturing policy with consideration for returned products quality" (2010). Mechanical and Industrial Engineering Faculty Publications. Paper 11. http://hdl.handle.net/2047/d20000259
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