Title

A New Model For Closed-Loop Product Lifecycle Systems

Keywords

Closed-loop product lifecycle; Reverse logistics; Sequential decision making; Stochastic dynamic programming

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.

Publication Date

12-1-2007

Publication Title

IIE Annual Conference and Expo 2007 - Industrial Engineering's Critical Role in a Flat World - Conference Proceedings

Number of Pages

1660-1665

Document Type

Article; Proceedings Paper

Personal Identifier

scopus

Socpus ID

44949110392 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/44949110392

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