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- Title
The Economics of Remanufacturing Under Limited Component Durability and Finite Product Life Cycles.
- Authors
Geyer, Roland; Van Wassenhove, Luk N.; Atasu, Atalay
- Abstract
This paper models and quantifies the cost-savings potential of production systems that collect, remanufacture, and remarket end-of-use products as perfect substitutes while facing the fundamental supply-loop constraints of limited component durability and finite product life cycles. The results demonstrate the need to carefully coordinate production cost structure, collection rate, product life cycle, and component durability to create or maximize production cost savings from remanufacturing.
- Subjects
REMANUFACTURING; PRODUCT life cycle; PRODUCT obsolescence; SERVICE life; INDUSTRIAL costs; MANUFACTURING industries; LIFE cycle costing; PRODUCTION management (Manufacturing)
- Publication
Management Science, 2007, Vol 53, Issue 1, p88
- ISSN
0025-1909
- Publication type
Article
- DOI
10.1287/mnsc.1060.0600