Presentation
A new model for closed-loop product lifecycle systems
IIE Annual Conference
(2007)
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.
Keywords
- Closed-loop Product Lifecycle,
- Stochastic Dynamic Programming,
- Reverse Logistics,
- Sequential Decision Making
Disciplines
Publication Date
2007
Comments
This is a proceeding published as Hu, Guiping, Lizhi Wang, Bopaya Bidanda, and Yan Wang. "A new model for closed-loop product lifecycle systems." In IIE Annual Conference. Proceedings, p. 1660. Institute of Industrial and Systems Engineers (IISE), 2007. Posted with permission.
Citation Information
Guiping Hu, Lizhi Wang, Bopaya Bidanda and Yan Wang. "A new model for closed-loop product lifecycle systems" IIE Annual Conference (2007) Available at: http://works.bepress.com/guiping_hu/37/