Modularity and returns relate to sustainability. In a retailer-manufacturer setting and when the demand for a returnable product depends on both price and modularity level, we develop a profit-maximizing stochastic model. The solution includes optimal expressions for the price, and the order quantity. We derive managerial insights from our structural and numerical results relating to the management of such a perishable product and its implications on sustainable supply chain management.
|Number of pages||1|
|Publication status||Published - 2014|
|Event||2014 INFORMS Annual Meeting: Bridging Data and Decisions - Hilton San Francisco, San Francisco, United States|
Duration: 9 Nov 2014 → 12 Nov 2014
|Conference||2014 INFORMS Annual Meeting|
|Location||Hilton San Francisco|
|Period||09/11/2014 → 12/11/2014|