Optimal inventory policy in a closed loop supply chain system with multiple periods
Purpose: This paper aims to model and optimize the closed loop supply chain for maximizing the profit by considering the fixed order quantity inventory policy in various sites at multiple periods. Design/methodology/approach: In forward supply chain, a standard inventory policy can be followed when...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
OmniaScience
2017-05-01
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Series: | Journal of Industrial Engineering and Management |
Subjects: | |
Online Access: | http://www.jiem.org/index.php/jiem/article/view/2205 |