A production-recycling-inventory model with learning effect

This paper develops an integrated production-recycling system over a finite time horizon. Here, the dynamic demand is satisfied by production and recycling. The used units are bought back and then either recycled or disposed of which are not repairable. The used units are collected continuously from the customers. Recycling products can be used as new products which are sold again. The rate of production and disposal are assumed to be function of time. The setup cost is reduced over time due to “Learning curve” effect. The optimum results are presented both in tabular form and graphically.