Designing Green Closed-loop Supply Chain Network with Financial Decisions under Uncertainty
Objective: Effective design of supply chain networks is necessary for micro-economic development. The aim of this study is to design green closed-loop supply chain network with financial decisions considering economic and environmental dimensions of development. Such decisions consist of non-supply...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2018-03-01
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| Series: | مدیریت صنعتی |
| Subjects: | |
| Online Access: | https://imj.ut.ac.ir/article_67511_70dcb3cad197c9c23957d7b18cb6a3c0.pdf |
| Summary: | Objective: Effective design of supply chain networks is necessary for micro-economic development. The aim of this study is to design green closed-loop supply chain network with financial decisions considering economic and environmental dimensions of development. Such decisions consist of non-supply chain investments and available loans. Uncertainty of demand and investments related to other investments (ROI) are taken into account, too.
Methods:Proposed model is multi-product, multi-objective, multi-period, stochastic and closed-loop which is modeled as a mixed integer linear programming problem. A scenario path model is applied in order to deal with the uncertainties.
Results: The results approved the effectiveness of considering financial decisions. By increasing the number of available loans, the level of the service delivered to the whole system will increase accompanied by a decreasing inclination. Obtained results are based on a case study in plastic recycling industry.
Conclusion: Simultaneous consideration of financial decisions and uncertainty in supply chain network design can lead to an improvement in the profit of the supply chain. |
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| ISSN: | 2008-5885 2423-5369 |