Title: Buy-back policy decision in managing reverse logistics

Authors: Sandeep Mondal, Kampan Mukherjee

Addresses: Department of Management Studies, Indian School of Mines, Dhanbad (Jharkhand) – 826 004, India. ' Department of Management Studies, Indian School of Mines, Dhanbad (Jharkhand) – 826 004, India

Abstract: In acquisition planning of Product Recovery Management, the decision maker intends to find out the optimal buy-back period of a used product minimising the economic benefit from remanufacturing. For certain products, which are under a free servicing policy by the company, the acquisition planning is controlled by two indices, one defined by the service management of the company and the other, defined by the working environment at the user|s end. In this paper we tried to study this hypothesis and establish the expression of these indices in terms of various economic parameters relating to the remanufacturing process.

Keywords: acquisition planning; remanufacturing; servicing policy; reverse logistics; buy-back policies; product recovery.

DOI: 10.1504/IJLSM.2006.009775

International Journal of Logistics Systems and Management, 2006 Vol.2 No.3, pp.255 - 264

Published online: 10 May 2006 *

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