Fuzzy multicycle manufacturing/remanufacturing production decisions considering inflation and the time value of money

被引:16
作者
Chen, Weida [1 ]
Wei, Li [1 ]
Li, Yaguang [1 ]
机构
[1] Southeast Univ, Sch Econ & Management, Nanjing 211189, Jiangsu, Peoples R China
基金
中国国家自然科学基金;
关键词
Inflation; Time value of money; Manufacturing/remanufacturing; Production decisions; PRODUCTION-INVENTORY MODEL; MANUFACTURING/REMANUFACTURING SYSTEMS; DEMAND; OPTIMIZATION; RECOVERY; ENVIRONMENT; IMPERFECT; RETURNS; HORIZON; QUALITY;
D O I
10.1016/j.jclepro.2018.07.004
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Under the background of global low-carbon production, this paper constructed a multicycle dynamic programming model to study the fuzzy manufacturing/remanufacturing production decisions by taking into account inflation and the time value of money. Furthermore, we analysed the impact of inflation and the time value of money on manufacturing/remanufacturing production decisions by dynamic programming with the signed distance method. The results indicated that (i) the optimal production cycle is positively related to the adjusting interest rate, and when the optimal production cycle is larger than the minimum feasible cycle number, the maximum profits first increase and then decrease; and (ii) when the demand is fixed, the total production quantity of manufactured products decreases, and the total production quantity of remanufactured products increases with the increase in the adjusted interest rate. (C) 2018 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1494 / 1502
页数:9
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