A new model for closed-loop product lifecycle systems
Year: 2007
Type: article
Abstract: 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.
Authors: Guiping Hu, Lizhi Wang, Bopaya Bidanda, Yan Wang
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2959685022
