Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns
In this paper, a guaranteed service model (GSM) is considered in a general supply chain with the releasing of the service time constraint. For this purpose, a bi-objective model is developed containing minimization of both service time and the holding cost of safety stock. Also, in addition to consi...
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Format: | Article |
Language: | English |
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Kharazmi University
2019-08-01
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Series: | International Journal of Supply and Operations Management |
Subjects: | |
Online Access: | http://www.ijsom.com/article_2788_5af681d6c653f7e922daceee1a8e2542.pdf |
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author | Kazem Farahinejad Mohammad Reza Gholamian |
author_facet | Kazem Farahinejad Mohammad Reza Gholamian |
author_sort | Kazem Farahinejad |
collection | DOAJ |
description | In this paper, a guaranteed service model (GSM) is considered in a general supply chain with the releasing of the service time constraint. For this purpose, a bi-objective model is developed containing minimization of both service time and the holding cost of safety stock. Also, in addition to considering the return of items from inside of the chain, the returns from outside of the chain are considered to carry out remanufacturing, refurbishing, and repairing processes. The model is solved in a real-world case of the electronic product supply chain and the Pareto solution set is obtained to show the changes in the holding cost of safety stock based on the maximum time for the different services offered to customers. |
first_indexed | 2024-12-19T10:50:51Z |
format | Article |
id | doaj.art-9899abc56e564239bd332c0d16c442fd |
institution | Directory Open Access Journal |
issn | 2383-1359 2383-2525 |
language | English |
last_indexed | 2024-12-19T10:50:51Z |
publishDate | 2019-08-01 |
publisher | Kharazmi University |
record_format | Article |
series | International Journal of Supply and Operations Management |
spelling | doaj.art-9899abc56e564239bd332c0d16c442fd2022-12-21T20:25:01ZengKharazmi UniversityInternational Journal of Supply and Operations Management2383-13592383-25252019-08-016318819910.22034/2019.3.12788Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External ReturnsKazem Farahinejad0Mohammad Reza Gholamian1School of Industrial Engineering, Iran University of Science and Technology, Tehran, IranSchool of Industrial Engineering, Iran University of Science and Technology, Tehran, IranIn this paper, a guaranteed service model (GSM) is considered in a general supply chain with the releasing of the service time constraint. For this purpose, a bi-objective model is developed containing minimization of both service time and the holding cost of safety stock. Also, in addition to considering the return of items from inside of the chain, the returns from outside of the chain are considered to carry out remanufacturing, refurbishing, and repairing processes. The model is solved in a real-world case of the electronic product supply chain and the Pareto solution set is obtained to show the changes in the holding cost of safety stock based on the maximum time for the different services offered to customers.http://www.ijsom.com/article_2788_5af681d6c653f7e922daceee1a8e2542.pdfguaranteed service modelsafety stockinventory controlreverse logisticslead time |
spellingShingle | Kazem Farahinejad Mohammad Reza Gholamian Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns International Journal of Supply and Operations Management guaranteed service model safety stock inventory control reverse logistics lead time |
title | Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns |
title_full | Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns |
title_fullStr | Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns |
title_full_unstemmed | Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns |
title_short | Optimizing the Safety Stock with Guaranteed Service Model in Reverse Logistics Considering Internal and External Returns |
title_sort | optimizing the safety stock with guaranteed service model in reverse logistics considering internal and external returns |
topic | guaranteed service model safety stock inventory control reverse logistics lead time |
url | http://www.ijsom.com/article_2788_5af681d6c653f7e922daceee1a8e2542.pdf |
work_keys_str_mv | AT kazemfarahinejad optimizingthesafetystockwithguaranteedservicemodelinreverselogisticsconsideringinternalandexternalreturns AT mohammadrezagholamian optimizingthesafetystockwithguaranteedservicemodelinreverselogisticsconsideringinternalandexternalreturns |