Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics
Recycling and remanufacturing waste electrical and electronic equipment (WEEE) can promote the comprehensive utilization of resources and promote the development of the circular economy. However, there are associated risks involved. This study explored the effectiveness of risk control in the WEEE c...
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Format: | Article |
Language: | English |
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Frontiers Media S.A.
2022-08-01
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Series: | Frontiers in Energy Research |
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Online Access: | https://www.frontiersin.org/articles/10.3389/fenrg.2022.963211/full |
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author | Rong Zheng Zuqing Huang Zhen Wu |
author_facet | Rong Zheng Zuqing Huang Zhen Wu |
author_sort | Rong Zheng |
collection | DOAJ |
description | Recycling and remanufacturing waste electrical and electronic equipment (WEEE) can promote the comprehensive utilization of resources and promote the development of the circular economy. However, there are associated risks involved. This study explored the effectiveness of risk control in the WEEE closed-loop supply chain to provide decision support in the sustainable development of WEEE. The catastrophe progression method was used for risk evaluation, and the WEEE risk control model was constructed using system dynamics to analyze the influence of risk control strategies. The results show that adopting risk control strategies positively promotes risk control. Risk mitigation is most pronounced when both the fund subsidy and the green and low-carbon strategies are adopted. When only one approach is implemented, the green and low-carbon strategy has a more considerable effect. When the intensities of the mitigation measures are improved to the same extent, the risk control effect generated by the fund subsidy strategy was found to have a greater impact. The findings provide a useful reference for formulating subsequent risk control strategies in the WEEE closed-loop supply chain. |
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format | Article |
id | doaj.art-4fa4d9a3192540c3979b365fbd4bd5c3 |
institution | Directory Open Access Journal |
issn | 2296-598X |
language | English |
last_indexed | 2024-04-11T11:09:33Z |
publishDate | 2022-08-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Energy Research |
spelling | doaj.art-4fa4d9a3192540c3979b365fbd4bd5c32022-12-22T04:28:01ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2022-08-011010.3389/fenrg.2022.963211963211Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamicsRong ZhengZuqing HuangZhen WuRecycling and remanufacturing waste electrical and electronic equipment (WEEE) can promote the comprehensive utilization of resources and promote the development of the circular economy. However, there are associated risks involved. This study explored the effectiveness of risk control in the WEEE closed-loop supply chain to provide decision support in the sustainable development of WEEE. The catastrophe progression method was used for risk evaluation, and the WEEE risk control model was constructed using system dynamics to analyze the influence of risk control strategies. The results show that adopting risk control strategies positively promotes risk control. Risk mitigation is most pronounced when both the fund subsidy and the green and low-carbon strategies are adopted. When only one approach is implemented, the green and low-carbon strategy has a more considerable effect. When the intensities of the mitigation measures are improved to the same extent, the risk control effect generated by the fund subsidy strategy was found to have a greater impact. The findings provide a useful reference for formulating subsequent risk control strategies in the WEEE closed-loop supply chain.https://www.frontiersin.org/articles/10.3389/fenrg.2022.963211/fullwaste electrical and electronic equipmentclosed-loop supply chainsystem dynamicsrisk controlcatastrophe progression method |
spellingShingle | Rong Zheng Zuqing Huang Zhen Wu Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics Frontiers in Energy Research waste electrical and electronic equipment closed-loop supply chain system dynamics risk control catastrophe progression method |
title | Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics |
title_full | Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics |
title_fullStr | Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics |
title_full_unstemmed | Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics |
title_short | Risk control simulation of the closed-loop supply chain of waste electrical and electronic equipment based on system dynamics |
title_sort | risk control simulation of the closed loop supply chain of waste electrical and electronic equipment based on system dynamics |
topic | waste electrical and electronic equipment closed-loop supply chain system dynamics risk control catastrophe progression method |
url | https://www.frontiersin.org/articles/10.3389/fenrg.2022.963211/full |
work_keys_str_mv | AT rongzheng riskcontrolsimulationoftheclosedloopsupplychainofwasteelectricalandelectronicequipmentbasedonsystemdynamics AT zuqinghuang riskcontrolsimulationoftheclosedloopsupplychainofwasteelectricalandelectronicequipmentbasedonsystemdynamics AT zhenwu riskcontrolsimulationoftheclosedloopsupplychainofwasteelectricalandelectronicequipmentbasedonsystemdynamics |