A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives

The Belt and Road Initiative (BRI) provides immense opportunities for agro-waste utilization among countries situated along the routes. However, there is a lack of design of motivational mechanisms to put it into managerial practice. This study uses agro-straw as the typical agro-waste to structure...

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Main Authors: Yiyun Liu, Rui Zhao, Kuo-Jui Wu, Tao Huang, Anthony S. F. Chiu, Chenyi Cai
Format: Article
Language:English
Published: MDPI AG 2018-03-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/3/868
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spelling doaj-af44d8efddc94cb493f90a737e18d8082020-11-24T22:09:18ZengMDPI AGSustainability2071-10502018-03-0110386810.3390/su10030868su10030868A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road InitiativesYiyun Liu0Rui Zhao1Kuo-Jui Wu2Tao Huang3Anthony S. F. Chiu4Chenyi Cai5Faculty of Geosciences and Environmental Engineering, Southwest Jiaotong University, Chengdu 611756, ChinaFaculty of Geosciences and Environmental Engineering, Southwest Jiaotong University, Chengdu 611756, ChinaSchool of Business, Dalian University of Technology, Panjin 124221, ChinaFaculty of Geosciences and Environmental Engineering, Southwest Jiaotong University, Chengdu 611756, ChinaDepartment of Industrial Engineering, De La Salle University, Manila 1004, PhilippinesFaculty of Geosciences and Environmental Engineering, Southwest Jiaotong University, Chengdu 611756, ChinaThe Belt and Road Initiative (BRI) provides immense opportunities for agro-waste utilization among countries situated along the routes. However, there is a lack of design of motivational mechanisms to put it into managerial practice. This study uses agro-straw as the typical agro-waste to structure a hybrid of multi-objective optimization and system dynamics simulation for optimizing the structure of straw-to-electricity supply chain and designing motivational mechanisms to enhance its sustainability. Since existing studies on the design of motivation mechanisms mainly stressed static motivation, two different dynamic subsidy mechanisms are devised in this study to facilitate the stable collaboration among stakeholders involved in the supply chain. A case study is provided to demonstrate the hybrid method. Discussion about the limitations of the study lays the foundation for further improvement.http://www.mdpi.com/2071-1050/10/3/868agro-wasteBelt and Road Initiativesupply chain managementmulti-objective optimizationsystem dynamics
collection DOAJ
language English
format Article
sources DOAJ
author Yiyun Liu
Rui Zhao
Kuo-Jui Wu
Tao Huang
Anthony S. F. Chiu
Chenyi Cai
spellingShingle Yiyun Liu
Rui Zhao
Kuo-Jui Wu
Tao Huang
Anthony S. F. Chiu
Chenyi Cai
A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
Sustainability
agro-waste
Belt and Road Initiative
supply chain management
multi-objective optimization
system dynamics
author_facet Yiyun Liu
Rui Zhao
Kuo-Jui Wu
Tao Huang
Anthony S. F. Chiu
Chenyi Cai
author_sort Yiyun Liu
title A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
title_short A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
title_full A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
title_fullStr A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
title_full_unstemmed A Hybrid of Multi-Objective Optimization and System Dynamics Simulation for Straw-to-Electricity Supply Chain Management under the Belt and Road Initiatives
title_sort hybrid of multi-objective optimization and system dynamics simulation for straw-to-electricity supply chain management under the belt and road initiatives
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2018-03-01
description The Belt and Road Initiative (BRI) provides immense opportunities for agro-waste utilization among countries situated along the routes. However, there is a lack of design of motivational mechanisms to put it into managerial practice. This study uses agro-straw as the typical agro-waste to structure a hybrid of multi-objective optimization and system dynamics simulation for optimizing the structure of straw-to-electricity supply chain and designing motivational mechanisms to enhance its sustainability. Since existing studies on the design of motivation mechanisms mainly stressed static motivation, two different dynamic subsidy mechanisms are devised in this study to facilitate the stable collaboration among stakeholders involved in the supply chain. A case study is provided to demonstrate the hybrid method. Discussion about the limitations of the study lays the foundation for further improvement.
topic agro-waste
Belt and Road Initiative
supply chain management
multi-objective optimization
system dynamics
url http://www.mdpi.com/2071-1050/10/3/868
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