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Uncertainties in core quality condition, return quantity and timing can propagate and accumulate in process cost and complicate cost assessments. However, regardless of cost assessment complexities, accurate cost models are required for…

Applications · Statistics 2018-02-01 Saeed Z. Gavidel , Jeremy L. Rickli

Not too long ago, offshoring was considered a panacea for many U.S. companies to achieve economic sustainability. Offshoring also created an unnecessary movement of goods between the point of consumption and the point of sourcing and hence…

Systems and Control · Electrical Eng. & Systems 2024-06-11 MD Parvez Shaikh , MD Sarder

Dual-channel closed-loop supply chains (DCCLSCs) play a vital role in attaining both sustainability and profitability. This paper introduces a game-theoretic model to analyze optimal pricing strategies for primary and replacement customers…

Optimization and Control · Mathematics 2025-05-29 Yang Xiao , Hisashi Kurata , Ting Wang

Companies try to maximize their profits by recovering returned products of highly uncertain quality and quantity. In this paper, a reverse logistics network for an Original Equipment Manufacturer (OEM) is presented. Returned products are…

General Finance · Quantitative Finance 2019-09-26 Mohsen Zamani , Mahdi Abolghasemi , Seyed Mohammad Seyed Hosseini , Mir Saman Pishvaee

The emergence of the branded recommerce channel - digitally enabled and branded marketplaces that facilitate purchasing pre-owned items directly from a manufacturer's e-commerce site - leads to new variants of classic IS and economic…

General Economics · Economics 2024-05-16 Rubing Li , Arun Sundararajan

Unlike consumer goods industry, a high-tech manufacturer (OEM) often amortizes new product development costs over multiple generations, where demand for each generation is based on advance orders and additional uncertain demand. Also, due…

Optimization and Control · Mathematics 2021-05-20 Mirjam S Meijer , Willem van Jaarsveld , Ton de Kok , Christopher S Tang

Remanufacturing is pivotal in transitioning to more sustainable economies. While industry evidence highlights its vast market potential and economic and environmental benefits, remanufacturing remains underexplored in theoretical research.…

Optimization and Control · Mathematics 2025-01-07 Amirreza Pashapour , Fatemeh Zare Bidaki

We consider the problem of remanufacturing planning in the presence of statistical estimation errors. Determining the optimal remanufacturing timing, first and foremost, requires modeling of the state transitions of a system. The estimation…

Optimization and Control · Mathematics 2021-03-19 Zhicheng Zhu , Yisha Xiang , Ming Zhao , Yue Shi

Economic-wise, a common goal for companies conducting marketing is to maximize the return revenue/profit by utilizing the various effective marketing strategies. Consumer behavior is crucially important in economy and targeted marketing, in…

Artificial Intelligence · Computer Science 2022-03-01 Wensheng Gan , Guoting Chen , Hongzhi Yin , Philippe Fournier-Viger , Chien-Ming Chen , Philip S. Yu

A rational behavior of a consumer is analyzed when the user participates in a Peak Time Rebate (PTR) mechanism, which is a demand response (DR) incentive program based on a baseline. A multi-stage stochastic programming is proposed from the…

Systems and Control · Computer Science 2018-02-23 José Vuelvas , Fredy Ruiz

In China's competitive fresh e-commerce market, optimizing operational strategies, especially inventory management in front-end warehouses, is key to enhance customer satisfaction and to gain a competitive edge. Front-end warehouses are…

Machine Learning · Computer Science 2025-05-30 Zheming Zhang , Yan Jiang , Qingshan Li , Ai Han

We review the "production approach" to estimating markups, the ratio of price to marginal cost. The approach is uniquely scalable: it requires no model of consumer demand or market structure and applies broadly across firms, industries, and…

General Economics · Economics 2026-04-16 John Fernald , Amit Gandhi , Dimitrije Ruzic , James Traina

We present novel mathematical models for inventory management within a reverse logistics system. Technological advancements, sustainability initiatives, and evolving customer behaviours have significantly increased the demand for repaired…

Optimization and Control · Mathematics 2024-06-21 I. B. Wadhawan , M. M. Rizvi

With the increasing demand of raw materials nowadays, and the decrease in supplies, the industrial sector is suffering. The environment and the society are also indirectly affected. The goal to reach a sustainable development imposes…

Robotics · Computer Science 2022-09-12 Perla Nohra , Helmi Ben Rejeb , Swaminath Venkateswaran

Manufacturers have long benefited from reusing returned products and parts. This benevolent approach can minimize cost and help the manufacturer to play a role in sustaining the environment, something which is of utmost importance these…

Machine Learning · Computer Science 2022-01-21 Abbas Raza Ali , Pitipong J. Lin

Due to increasing air pollution, which is a consequence of the environmental effects of production in various industries, green supply chain management (GSCM) has attracted the attention of both scholars and practitioners. Green supplier…

Optimization and Control · Mathematics 2022-08-08 Hossein Mirzaee , Hamed Samarghandi , Keith Willoughby

New autonomous driving technologies are emerging every day and some of them have been commercially applied in the real world. While benefiting from these technologies, autonomous trucks are facing new challenges in short-term maintenance…

Artificial Intelligence · Computer Science 2022-05-30 Xin Tao , Jonas Mårtensson , Håkan Warnquist , Anna Pernestål

Faced with huge market potential and increasing competition in emerging industries, product manufacturers with key technologies tend to consider whether to implement a component open supply strategy. This study focuses on a pricing game…

Theoretical Economics · Economics 2021-03-16 Peiya Zhu , Xiaofei Qian , Xinbao Liu , Shaojun Lu

Reducing costs of manufactured products is one of the key issues of companies. Bar turning companies (mechanical subcontracting companies) are faced with the following dilemma: use a pull strategy or use a push strategy. Instinctively these…

Other Computer Science · Computer Science 2011-06-14 Barbara Lyonnet , Maurice Pillet , Magali Pralus

This paper explores stochastic control models in the context of decarbonization within the energy market. We study three progressively complex scenarios: (1) a single firm operating with two technologies-one polluting and one clean,(2)two…

General Finance · Quantitative Finance 2025-06-18 Benhao Du , Thomas Treillard , Francois Wang
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