Article ID: | iaor20108315 |
Volume: | 129 |
Issue: | 1 |
Start Page Number: | 195 |
End Page Number: | 203 |
Publication Date: | Jan 2011 |
Journal: | International Journal of Production Economics |
Authors: | Wee Hui-Ming, Chung Chun-Jen |
Keywords: | inventory |
Due to global warming, environmental consciousness and shortening product life-cycles, more attentions have been paid to ecological protection and resource utilization. Green products and production process designs significantly influence the environment and resource re-usage. The relevant EU regulations, such as WEEE and EuP, have reduced negative effects by controlling the disposals and the resource re-usage. In this study, green product designs and remanufacturing efforts are investigated when we develop an integrated production inventory model with short life-cycles. A numerical example is provided to illustrate the theory. We have shown that new technology evolution, remanufacturing ratios and system’s holding costs are critical factors affecting decision making in a green supply chain inventory control system.