Matching Demand and Supply to Maximize Profits from Remanufacturing

V. Daniel R. Guide, Ruud H. Teunter, Luk N. Van Wassenhove

Research output: Contribution to journalArticle

349 Citations (Scopus)

Abstract

The profitability of remanufacturing depends on the quantity and quality of product returns and on the demand for remanufactured products. The quantity and quality of product returns can be influenced by varying quality-dependent acquisition prices, i.e., by using product acquisition management. Demand can be influenced by varying the selling price. We develop a simple framework for determining the optimal prices and the corresponding profitability. We motivate and illustrate our framework using an application from the cellular telephone industry.

Original languageEnglish (US)
Pages (from-to)303-316
Number of pages14
JournalManufacturing and Service Operations Management
Volume5
Issue number4
DOIs
StatePublished - Jan 1 2003

Fingerprint

Remanufacturing
Demand and supply
Profit
Product returns
Profitability
Industry
Telephone

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Management Science and Operations Research

Cite this

Guide, V. Daniel R. ; Teunter, Ruud H. ; Van Wassenhove, Luk N. / Matching Demand and Supply to Maximize Profits from Remanufacturing. In: Manufacturing and Service Operations Management. 2003 ; Vol. 5, No. 4. pp. 303-316.
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Matching Demand and Supply to Maximize Profits from Remanufacturing. / Guide, V. Daniel R.; Teunter, Ruud H.; Van Wassenhove, Luk N.

In: Manufacturing and Service Operations Management, Vol. 5, No. 4, 01.01.2003, p. 303-316.

Research output: Contribution to journalArticle

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