A New Model for Closed-loop Product Lifecycle Systems
نویسندگان
چکیده
Closed-loop supply chain systems are increasingly attracting attention because of cost competition, resource constraints and environmental issues. Electronic products are of particular concern due to short lifecycles and hazardous material used in production. We formulate the closed-loop product lifecycle system with stochastic dynamic programming methodology. By applying the reverse logistics concepts, we are able to provide guidelines for product strategic decision making throughout the closed-loop product lifecycle.
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