期刊名称:International Journal of Industrial Engineering Computations
印刷版ISSN:1923-2926
电子版ISSN:1923-2934
出版年度:2016
卷号:7
期号:2
页码:191-204
DOI:10.5267/j.ijiec.2015.11.002
语种:English
出版社:Growing Science Publishing Company
摘要:Leasing currently plays an important role for the global economy. The equipment leasing earning acquired through leasing rather than cash or credit, has reached a dominant level. With this regards, this paper represents a basic mixed-integer non-linear programming model. The study deliberates a firm that leases new products and remanufactured leased merchandises. The proposed study considers the end of lease contract, which contains several options: Return the leased product, return the used product and purchase other remanufactured product and buying the leased product. The primary objective is to maximize the discrepancy between the revenue and the costs of a firm, which leases new products as well as selling remanufactured ones. The product deteriorates with time and the difference between a new and used good is obvious. The product must undergo a remanufacturing procedure before being sold as a remanufactured product.