Jointly consider acquisition price, trade in rebate and selling price in remanufacturing

Lei Jing, Boray Huang

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

In remanufacturing business of durable products, a special feature is the correlation between supply and demand. This is because customers who return their end-of-life products usually need to do replacement purchase. At the same time, pricing strategies have been widely adopted by remanufacturing companies to balance the supply and demand. In this study, we consider the pricing strategies with the presence of replacement purchase. We argue that despite the acquisition price for return products and the selling price to new customers, remanufacturing company should offer a trade in program to the replacement customer segment. We study the optimal pricing policies when return yield rate is uncertain. We also compare the profitability of different pricing schemes under different yield variations.

Original languageEnglish
Title of host publicationRe-Engineering Manufacturing for Sustainability
Subtitle of host publicationProceedings of the 20th CIRP International Conference on Life Cycle Engineering, Singapore 17-19 April, 2013
EditorsAndrew Y.C. Nee, Bin Song, Soh-Khim Ong
Place of PublicationSingapore
PublisherSpringer
Pages597-602
Number of pages6
ISBN (Electronic)9789814451482
ISBN (Print)9789814451475
DOIs
Publication statusPublished - 2013
Event20th CIRP International Conference on Life Cycle Engineering, LCE 2013 - Singapore, Singapore
Duration: 17 Apr 201319 Apr 2013

Conference

Conference20th CIRP International Conference on Life Cycle Engineering, LCE 2013
Country/TerritorySingapore
CitySingapore
Period17/04/1319/04/13

Keywords

  • Price discrimination
  • Remanufacturing
  • Return acquisition
  • Yield rate

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