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A model with uniform demand rate, finite production rate, and shortages allowed.

A model with uniform demand rate, finite production rate, and shortages allowed.

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Technology is becoming pervasive across all facets of our lives today. Technology innovation leading to development of new products and enhancement of features in existing products is happening at a faster pace than ever. It is becoming difficult for the customers to keep up with the deluge of new technology. This trend has resulted in gross increa...

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... The model aims at minimizing the overall system operating costs and a genetic algorithm is also developed for calculating the optimal result. Mahapatra et al. [15] formulated a deterministic optimization model for minimizing the total costs of an integrated network in manufacturing. The model aims to simultaneously determine the level of both manufactured products in forward supply chain and remanufactured products in reverse logistics. ...
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