As an effective way of decreasing production cost, remanufacturing has attracted more and more attention from firms. However, it also brings many difficulties to firms, especial when firms remanufacture products which they produce. A primary problem for the case is how to acquire the used product sold by the firm itself. In this paper, we consider a return compensation policy for acquiring used...

T work is motivated by the need to solve the inventory routing problem when implementing a business practice called vendor managed inventory replenishment. With vendor managed inventory replenishment, vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished at each customer. The inventory routing problem attempts to coordinate inventory replenis...

The cash deployment strategy for a network of ATMs should take into account the analysis of inventory policies, logistics costs as well as the routing of replenishment vehicles. The optimal strategy has to focus on the reduction of cash-related expenses while safeguarding that ATMs do not run out of cash. Shorter routes with high time window constraints violations are not always the best soluti...

The main purpose of this paper is to investigate the optimal retailer’s replenishment decisions under two levels of trade credit policy within the economic production quantity (EPQ) framework. We assume that the supplier would offer the retailer a delay period and the retailer also adopts the trade credit policy to stimulate his/her customer demand to develop the retailer’s replenishment model ...

asimulation-optimization approach is proposed for replenishment planning andshelf space allocation. the customers’ demand is divided into fixed andvariable demand. each customer follows a given path while shopping in thestore. by dividing the store space into several zones and calculating therelated substantial and random utilities, an analytical equation is proposedfor the probability of zone ...