Cost benefits from standardization of the packaging glass bottles

Youngdae Ko, Injoon Noh, Hark Hwang

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Scopus citations

Abstract

This study deals with an integrated recycling system where two competing brewers standardize their glass bottles to implement the producer responsible recycling system. Immediate benefits from the standardization are three folds. Firstly, the sorting and exchange processes of the bottles collected for reuse by each brewer become no longer necessary. Secondly, cost reduction is achieved through streamlining of collection and reuse processes. Finally, under the stochastic demand of glass bottles their inventory holding costs and lost sales cost are reduced via inventory pooling. Through the development of the mathematical models we determine an optimal operation policy of two brewers that maximizes the sum of benefits obtained from standardization. Numerical examples are solved to show the validity of the model.

Original languageEnglish (US)
Title of host publication40th International Conference on Computers and Industrial Engineering
Subtitle of host publicationSoft Computing Techniques for Advanced Manufacturing and Service Systems, CIE40 2010
DOIs
StatePublished - 2010
Event40th International Conference on Computers and Industrial Engineering, CIE40 2010 - Awaji, Japan
Duration: Jul 25 2010Jul 28 2010

Publication series

Name40th International Conference on Computers and Industrial Engineering: Soft Computing Techniques for Advanced Manufacturing and Service Systems, CIE40 2010

Conference

Conference40th International Conference on Computers and Industrial Engineering, CIE40 2010
CountryJapan
CityAwaji
Period7/25/107/28/10

All Science Journal Classification (ASJC) codes

  • Computational Theory and Mathematics
  • Software

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