Investment decision issues from remanufacturing system perspective: Literature review and further research
Recently, remanufacturing has become very popular as one of the most efficient and effective strategies for economic, social and environmental "end-of-life" product management. However, the literature is not yet exhaustive in determining holistic remanufacturing investment inputs, processe...
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| Main Authors: | , , , , |
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| Format: | Article |
| Published: |
Elsevier B.V.
2015
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| Subjects: | |
| Online Access: | http://eprints.utm.my/id/eprint/59344/ http://dx.doi.org/10.1016/j.procir.2014.07.043 |
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| Institution: | Universiti Teknologi Malaysia |
| Summary: | Recently, remanufacturing has become very popular as one of the most efficient and effective strategies for economic, social and environmental "end-of-life" product management. However, the literature is not yet exhaustive in determining holistic remanufacturing investment inputs, processes and output requirements. This paper introduces a new definition of remanufacturing system to map investment decisions and provides a conceptual framework for remanufacturing investment decision making indicating alternative pre-inputs essentials based on the level of technology and types of companies; information and physical resources as input requirements; and direct and indirect outputs. Furthermore, the framework provides a foundation to conduct cost-benefit analysis for remanufacturing investment alternatives. Lastly, the study highlights the existing challenges and barriers in remanufacturing. |
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