Development of closed-loop supply chain mathematical model (cost-benefit-environmental effects) under uncertainty conditions by approach of genetic algorithm

In the current world, the debate on the reinstatement and reuse of consumer prod-ucts has become particularly important. Since the supply chain of the closed loop is not only a forward flow but also a reverse one; therefore, companies creating integ-rity between direct and reverse supply chain are s...

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Bibliographic Details
Main Authors: Sadegh Feizollahi, Heresh Soltanpanah, Ayub Rahimzadeh
Format: Article
Language:English
Published: Islamic Azad University of Arak 2021-04-01
Series:Advances in Mathematical Finance and Applications
Subjects:
Online Access:http://amfa.iau-arak.ac.ir/article_666237_eb38c7363a771982cb4c93db085699df.pdf
Description
Summary:In the current world, the debate on the reinstatement and reuse of consumer prod-ucts has become particularly important. Since the supply chain of the closed loop is not only a forward flow but also a reverse one; therefore, companies creating integ-rity between direct and reverse supply chain are successful. The purpose of this study is to develop a new mathematical model for closed loop supply chain net-work. In the real world the demand and the maximum capacity offered by the sup-plier are uncertain which in this model; the fuzzy theory discussion was used to cover the uncertainty of the mentioned variables. The objective functions of the model include minimizing costs, increasing revenues of recycling products, increas-ing cost saving from recycling and environmental impacts. According to the NP-hard, an efficient algorithm was suggested based on the genetic Meta heuristic algo-rithm to solve it. Twelve numerical problems were defined and solved using the NSGA-II algorithm to validate the model
ISSN:2538-5569
2645-4610