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About Inventory Control in Closed Loop Supply Chain Using System Dynamics
This document discusses inventory control in closed loop supply chains using system dynamics modeling. It begins with an introduction to inventory control challenges in remanufacturing processes and closed loop supply chains. It then reviews existing literature on inventory control models for remanufacturing that aim to optimize costs but often make simplifying assumptions about return processes. The document proposes using a system dynamics approach to model an inventory control system for remanufacturing by considering factors like product residence time with customers, service agreements, and customer return behavior, which can provide forecasts of return quantities and timing and reduce return flow uncertainty. It aims to analyze how total inventory costs are influenced by return rates affected by these external factors.
Detailed Information
| Author: | ['Aritra Sen'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 33 |
| Language: | English |
| Format: | |
| Price: | FREE |
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