Modeling sustainable product lifecycle decision support systems

Guiping Hu and Bopaya Bidanda

International Journal of Production Economics, 2009, vol. 122, issue 1, 366-375

Abstract: Sustainable product lifecycle systems are attracting increasing attention because of cost competition, resource constraints and environmental issues. Short lifecycle products, such as consumer and defense electronics, are of particular concern. We formulate a product lifecycle evolution system based on stochastic dynamic programming. By applying the concept of a sustainable product lifecycle system on a product line, conclusions and guidelines for rational decision making can be developed through each phase of the product life cycle.

Keywords: Sustainable; product; lifecycle; Closed-loop; supply; chain; Environmental; regulation; Stochastic; dynamic; programming (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:122:y:2009:i:1:p:366-375

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