Title :
Study on Inventory Control Model of Closed Loop Supply Chain for Product Growth Period
Author_Institution :
Dept. of Ecnomics & Manage., Nanjing Inst. of Technol., Nanjing, China
Abstract :
Theory of economic order quantity was used to construct inventory control model of closed loop supply chain-economic manufacturing/remanufacturing quantity (EMQ/ERMQ) model based on product growth period. The model shows EMQ increases along with the finished product value-added rate´s rise, but is not influenced by value-added rate, and ERMQ increases along with the recycling product value-added rate´s rise. Moreover, it is found that the stockout quantity´s rise can cause EMQ and ERMQ´s rise.
Keywords :
economics; recycling; stock control; supply chain management; closed loop supply chain; economic manufacturing/remanufacturing quantity model; economic order quantity; inventory control model; product growth period; Analytical models; Argon; Biological system modeling; Inventory control; Manufacturing; Recycling; Supply chains;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5577270
