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Title: Simultaneous consideration of remanufactured and new products in optimal product line design
Authors: Aydin, R
Kwong, CK 
Ji, P 
Keywords: Dynamic demand model
Multiobjective optimization
Product line design
Issue Date: 2014
Publisher: IEEE Computer Society
Source: 2014 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2014, 9-12 December 2014, 7058588, p. 1-5 How to cite?
Abstract: Remanufactured products are normally remanufactured from returned new products. Thus, they can be considered together with new products in product line design to obtain the maximum profit and market share of the product line. This paper proposes a methodology for optimal product line design with simultaneous consideration of remanufactured and new products which mainly involves development of dynamic demand models and multi-objective optimization. The optimization model is solved by nondominated sorting genetic algorithm II (NSGA-II) and optimal Pareto solutions of product line design that include specifications and prices of both remanufactured and new products, estimated profits and market share as well as the time of launching remanufactured products. A case study was conducted to illustrate the effectiveness of the proposed methodology.
ISBN: 9781479964109
ISSN: 2157-3611
DOI: 10.1109/IEEM.2014.7058588
Appears in Collections:Conference Paper

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