Article ID: | iaor200956 |
Country: | Netherlands |
Volume: | 111 |
Issue: | 2 |
Start Page Number: | 707 |
End Page Number: | 712 |
Publication Date: | Jan 2008 |
Journal: | International Journal of Production Economics |
Authors: | Papachristos S., Konstantaras I. |
Keywords: | remanufacturing |
In this article, we revisit an earlier paper by Teunter. The solution algorithm proposed there, is partly heuristic and so it leads to an approximate policy. Computational experience shows that this algorithm behaves very well and gives, in many cases, results close to the optimum. The optimization algorithm proposed in this article leads to the exact optimal policy within a specific class of policies.