Revenue management for remanufactured products

Revenue management for remanufactured products

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Article ID: iaor200834
Country: United Kingdom
Volume: 35
Issue: 5
Start Page Number: 553
End Page Number: 562
Publication Date: Oct 2007
Journal: OMEGA
Authors:
Keywords: supply & supply chains, manufacturing industries, yield management
Abstract:

Revenue management for remanufactured products has not been addressed in literature so far. There could be more than one quality level of the recovered products, which would draw different prices in the secondary markets. In this paper, we develop a pricing model to maximize the expected revenue from the recovered products. Numerical examples are included for illustration.

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