Publication: A mixed integer nonlinear programming model and heuristic solutions for location, inventory and pricing decisions in a closed loop supply chain
Program
KU-Authors
KU Authors
Co-Authors
Kaya, Onur
Publication Date
Language
Type
Embargo Status
Journal Title
Journal ISSN
Volume Title
Alternative Title
Abstract
We analyze a network design problem for a closed-loop supply chain that integrates the collection of the used products with the distribution of the new products. We present a mixed integer nonlinear facility location-inventory-pricing model to decide on the optimal locations of the facilities, inventory amounts, prices for new products and incentive values for the collection of right amount of used products in order to maximize the total supply chain profit. We develop heuristics for the solution of this model and analyze the effectiveness of these heuristics and the effects of the parameters on this system through numerical experiments.
Source
Publisher
Pergamon-Elsevier Science Ltd
Subject
Computer science, Industrial engineering, Operations research, Management science
Citation
Has Part
Source
Computers & Operations Research
Book Series Title
Edition
DOI
10.1016/j.cor.2015.07.005