EconPapers    
Economics at your fingertips  
 

Profit Analysis and Supply Chain Planning Model for Closed-Loop Supply Chain in Fashion Industry

Jisoo Oh and Bongju Jeong
Additional contact information
Jisoo Oh: Department of Information and Industrial Engineering, Yonsei University, 50 Yonsei-ro, Seoul 120-749, Korea
Bongju Jeong: Department of Information and Industrial Engineering, Yonsei University, 50 Yonsei-ro, Seoul 120-749, Korea

Sustainability, 2014, vol. 6, issue 12, 1-30

Abstract: In recent decades, due to market growth and use of synthetic fiber, the fashion industry faces a rapid increase of CO 2 emission throughout the production cycle and raises environmental issues in recovery processing. This study proposes a closed-loop supply chain (CLSC) structure in fashion industry and develops its planning model as multi-objective mixed integer linear programming to find an optimal trade-off between CLSC profit and CO 2 emission. The planning model is associated with the profit analysis of each member in CLSC to find the optimal price of products on CLSC network. The model determines optimal production, transportation, and inventory quantities on CLSC network. The proposed models are validated using numerical experiments and sensitivity analyses, and from the results some managerial insights are addressed.

Keywords: closed-loop supply chain; fashion industry; profit analysis; supply planning model; sustainable supply chain management; CO 2 emission (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.mdpi.com/2071-1050/6/12/9027/pdf (application/pdf)
https://www.mdpi.com/2071-1050/6/12/9027/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:6:y:2014:i:12:p:9027-9056:d:43258

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager (indexing@mdpi.com).

 
Page updated 2024-12-28
Handle: RePEc:gam:jsusta:v:6:y:2014:i:12:p:9027-9056:d:43258