Remanufacturing is a production strategy whose goal is
to recover the residual value of used products. Used
products can be remanufactured at a lower cost than the
initial production cost, but remanufactured products are
valued less than new products by consumers. The choice
of production technology influences the value that can
be recovered from a used product. In this paper, we
solve the joint pricing and production technology
selection problem faced by a manufacturer who considers
introducing a remanufacturable product in a market that
consists of heterogeneous consumers. Our analysis
discusses the market and technology drivers of product
remanufacturability and identifies some phenomena of
managerial importance that are typical of a
remanufacturing environment. pdf 2003
