Dynamic Inventory Management in Reverse Logistics

                  Authors:   

•     Dr. Rainer Kleber
  

            ISBN: 978-3-540-33229-9 (Print) 978-3-540-33230-5  (Online)

About this book
The integration of product recovery into regular production processes enables new opportunities for cost savings. It also yields new challenges for inventory management because there are two sources to satisfy product requirements which need to be coordinated by additionally taking into account limited availability of used products.
In case of a dynamic planning situation, for instance when dealing with seasonality or the product life cycle, new motives for keeping stock arise. The work aims to identify those motives and to describe their effects by using methods of optimal control theory.

Table of contents
Introduction.- A Basic Quantitative Model.- On the Effects of Capacity Constraints in Product Recovery.- Knowledge Acquisition and Product Recovery.- Technology Selection in the Context of Reverse Logistics.- Conclusions

From the reviews:
"This book is the author’s doctoral dissertation at Otto-von-Guericke University in Magdeburg, Germany. … I recommend this book to those who would like to learn more about dynamic approaches to the analysis of production processes and inventory management." (Amitrajeet A. Batabyal, Interfaces, Vol. 37 (6), 2007)