heuristic approach based on golden section simulation-optimization for reconfigurable remanufacturing inventory space planning

• Online Access: http://hdl.handle.net/2047/d20000044

Manufacturing a product for the first time is generally quite different than remanufacturing the same item. The number of usable parts retrieved from returned products most often varies significantly, causing fluctuations in inventory capacity and configuration requirements. Consequently, remanufacturing requires storage designs that not only minimize warehousing space and inventory-holding costs, but also facilitate effective coordination of facilities planning and remanufacturing decisions. A well designed facility will affect the efficiency of operations and influence the operating costs and profits of a company.