Proceedings of the 2nd International Conference on Management, Economy and Law (ICMEL 2021)

Research on Dual Source Inventory Control Based on the Recycling of Rural Electronic Products

Authors
Huijun Huang, Bing Lai
Corresponding Author
Huijun Huang
Available Online 11 September 2021.
DOI
10.2991/aebmr.k.210909.007How to use a DOI?
Keywords
Rural areas, Dual source inventory, Recovery price, Stockout allowed
Abstract

The recycling and reuse of waste electronic products in rural areas is an effective means to increase resource utilization and improve the rural living environment. Taking a manufacturing company in rural areas as the main research body, this paper analyzes the source of the company’s electronic product parts inventory, which includes new parts purchased from upstream suppliers and waste parts through recycling. Under the condition that stockout is allowed, it is necessary to comprehensively consider the impact of the recycling price on the recycling volume. Aiming at the lowest system unit inventory cost in a single recycling cycle, this paper constructs a dual source inventory model, and uses genetic algorithms to find the optimal purchase batch, optimal recycling batch and corresponding recycling prices, so as to provide ideas for manufacturing companies to implement dual source inventory control strategies.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Management, Economy and Law (ICMEL 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
11 September 2021
ISBN
978-94-6239-427-8
ISSN
2352-5428
DOI
10.2991/aebmr.k.210909.007How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Huijun Huang
AU  - Bing Lai
PY  - 2021
DA  - 2021/09/11
TI  - Research on Dual Source Inventory Control Based on the Recycling of Rural Electronic Products
BT  - Proceedings of the 2nd International Conference on Management, Economy and Law (ICMEL 2021)
PB  - Atlantis Press
SP  - 49
EP  - 57
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210909.007
DO  - 10.2991/aebmr.k.210909.007
ID  - Huang2021
ER  -