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Design of Closed-Loop Supply Chain Model with Efficient Operation Strategy

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Part of the book series: Lecture Notes on Multidisciplinary Industrial Engineering ((LNMUINEN))

Abstract

In this paper, a closed-loop supply chain model with efficient operation strategy (CLSC-OS) is proposed. In the CLSC-OS, various facilities which can be used in forward logistics (FL) and reverse logistics (RL) are taken into consideration. A mathematical formulation is proposed to design the CLSC-OS and it is implemented using genetic algorithm (GA) approach. In numerical experiment, for efficient operation strategy, several scenarios using various factors such as remanufacturing rate, profit premium rate, discount rate, and return rate based on revenue-cost rate is considered and analyzed. Experimental results shows that discount rate and profit premium rate have a significant influence on revenue-cost rate.

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Acknowledgements

This work is partly supported by the Grant-in-Aid for Scientific Research (C) of Japan Society of Promotion of Science (JSPS): No. 15K00357.

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Correspondence to YoungSu Yun .

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Chen, X., Chuluunsukh, A., Yun, Y., Gen, M. (2018). Design of Closed-Loop Supply Chain Model with Efficient Operation Strategy. In: Xu, J., Gen, M., Hajiyev, A., Cooke, F. (eds) Proceedings of the Eleventh International Conference on Management Science and Engineering Management. ICMSEM 2017. Lecture Notes on Multidisciplinary Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-59280-0_79

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  • DOI: https://doi.org/10.1007/978-3-319-59280-0_79

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-59279-4

  • Online ISBN: 978-3-319-59280-0

  • eBook Packages: EngineeringEngineering (R0)

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