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Apr 26, 2012
A Continuous Stochastics Model for Recycling Under Deposit Refunding
Authors: Shujian Ma and Qingsheng ShiAuthor Affiliations
Publication: Logistics: The Emerging Frontiers of Transportation and Development in China
Abstract
This paper studies the interplay between the manufacturers and government concerning the collection of used products from the household. On the assumption that the government regulates that the consumers must pay a certain deposit at the time of purchase which is refunded upon the return of the used products, this paper presents a continuous stochastic model and discusses the changing rule of the sale, collection scale and the profit with the variety of deposits. We discuss the best position and the return value when the manufacturer and collection dealer get the maximum profit.
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© 2009 American Society of Civil Engineering.
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Published online: Apr 26, 2012
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Shujian Ma
College of Sciences, Nanjing University of Technology, Nanjing 210009, P.R.China;. E-mail: [email protected]
Qingsheng Shi
College of Sciences, Nanjing University of Technology, Nanjing 210009, P.R.China;. E-mail: [email protected]
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