@conference{Hosoda2019, author = {T. Hosoda and S.M. Disney and L. Zhou}, title = {The more, the better, usually: An analytical investigation of the yield rate paradox in closed-loop supply chains}, booktitle = {50th Annual Conference of the Decision Sciences Institute}, year = {2019}, address = {New Orleans, USA}, month = {23rd-25th November}, abstract = {We investigate a closed-loop make-to-stock system consisting of a remanufacturer and a manufacturer with VAR(1) demand and return processes. We show that the system-wide cost is convex in the triage yield rate, and larger mean returns can mitigate this yield paradox. Further cost reductions can be achieved with APIOBPCS model.} }