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A Study of the Closed-Loop Supply Chain Coordination on Waste Glass Bottles Recycling
Joint Authors
Liu, Sen
Ran, Wenxue
Chen, Fan
Wu, Qianni
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-05-10
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
The recycling of waste products can sharply save manufacturing cost and improve the economic efficiency and corporate-reputation.
It also has a great effect on the environment and resources protection.
In the management of the closed-loop supply chain, the recycling of waste products and decision-making on pricing often directly affect the supply and demand of products and the operation efficiency of supply chain.
Therefore, first we take waste glass bottles as an example and establish a mathematical model to solve the profit of manufacturers and retailers solely.
Then, we analyzed whole supply chain profit under a dual-channel recycling condition which is directly recycled by consumers or by retailers.
Finally, we concluded that no matter what product’s price, quality, profit, or operational efficiency of supply chain is, the overall recycling is better than the single node recycling model.
Based on the analysis, we developed a new model to coordinate the profit of manufacturers and retailers in the supply chain with revenue-sharing contract.
A numerical study shows that this approach is applicable and effective.
American Psychological Association (APA)
Ran, Wenxue& Chen, Fan& Wu, Qianni& Liu, Sen. 2016. A Study of the Closed-Loop Supply Chain Coordination on Waste Glass Bottles Recycling. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1111690
Modern Language Association (MLA)
Ran, Wenxue…[et al.]. A Study of the Closed-Loop Supply Chain Coordination on Waste Glass Bottles Recycling. Mathematical Problems in Engineering No. 2016 (2016), pp.1-9.
https://search.emarefa.net/detail/BIM-1111690
American Medical Association (AMA)
Ran, Wenxue& Chen, Fan& Wu, Qianni& Liu, Sen. A Study of the Closed-Loop Supply Chain Coordination on Waste Glass Bottles Recycling. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1111690
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1111690