The optimization of the closed-loop supply chain network

Guang-fen Yang, Zhi-ping Wang and Xiao-qiang Li

Transportation Research Part E: Logistics and Transportation Review, 2009, vol. 45, issue 1, 16-28

Abstract: This paper develops a model of a general closed-loop supply chain network, which includes raw material suppliers, manufacturers, retailers, consumers and recovery centers. The objective of this paper is to formulate and optimize the equilibrium state of the network by using the theory of variational inequalities. Several examples and figures are used to describe the effects of parameters (the return ratio, the transformation rate of raw materials, and the transformation rate of recyclable products) on the equilibrium shipments and net revenues.

Keywords: Closed-loop; supply; chain; Network; Return; ratio; Transformation; rate; Variational; inequality (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (41)

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