Profit Maximization for Waste Furniture Recycled in Taiwan Using Cradle-to-Cradle Production Programming

Chun-Wei Lin, Min-Tsung Chen, Ming-Lang Tseng, Anthony S. F. Chiu and Mohd Helmi Ali

Mathematical Problems in Engineering, 2020, vol. 2020, 1-15

Abstract:

This study proposes the use of cradle-to-cradle production programming for waste furniture and aims to achieve optimal efficiency by reusing waste furniture and maximizing the corresponding benefits so that the furniture industry is in line with cradle-to-cradle manufacturing. This study is increasingly important to manage products through a comprehensive green reverse logistics system that consists of three procedures, i.e., recycling, reuse, and remanufacturing of waste items. This study proposes a mathematical formula to establish a cradle-to-cradle production programming model for waste furniture. The fuzzy set theory is used to define the attributes that reflect production and market demands such as degree of damage, technical feasibility, market demands, environmental protection laws and regulations, and environmental performance. In addition, particle swarm optimization is adopted to ascertain the optimal profit from waste furniture sales. Through situational simulations and analyses, the fuzzy set information from Taiwan, Germany, and China is compared. The result reveals that the qualitative information proposed has a significant impact on the profit of waste furniture reuse. The production model can effectively assist in the production programming of waste furniture, thereby optimizing profit for cradle-to-cradle production planning.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:2948049

DOI: 10.1155/2020/2948049

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