Revenue management for remanufactured products |
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Institution: | Indian Institute of Management Calcutta, Joka, Diamond Harbour Road, Kolkata 700104, India |
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Abstract: | Revenue management for remanufactured products has not been addressed in literature so far. There could be more than one quality level of the recovered products, which would draw different prices in the secondary markets. In this paper, we develop a pricing model to maximize the expected revenue from the recovered products. Numerical examples are included for illustration. |
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