%A YANG Huiqing1,2，ZHU Xiangyang1%T Analysis of an Inventory Control Strategy for Reverse LogisticsOU %0 Journal Article %D 2010 %J Journal of Shanghai Jiao Tong University %R %P 369-0372 %V 44 %N 03 %U {https://xuebao.sjtu.edu.cn/CN/abstract/article_39273.shtml} %8 2010-03-30 %X Based on the assumption that demand and return are independent Poisson processes, the inventory position was modeled into a Markov chain. By solving this Markov chain, this paper derived the limiting performance of the inventory system and hence the system expected total cost per unit time. A heuristic approach was developed to determine the upper and lower bounds for the optimal control parameters. The numerical examples show that the reuse of the return items is economical.

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