Maximizing remanufacturing profit using product acquisition management

The profitability of remanufacturing depends on the quantity and quality of product returns and on the demand for remanufactured products. The quantity and quality of product returns can be influenced by varying quality dependent acquisition prices, i.e., by using product acquisition management. Demand can be influenced by varying the selling price. We develop a framework for determining the optimal prices and the corresponding profitability.