Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)

Today, according to the development of the steel industry around the world, the variety of products has increased, and the products have certain complications. Due to the variety of products in this industry, the need to organize the production and manufacture of parts is felt, but the organization...

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Main Authors: Seyyed Edalatpanah, Nenad Komazec, Dragan Pamucar
Format: Article
Language:English
Published: REA Press 2024-09-01
Series:Big Data and Computing Visions
Subjects:
Online Access:https://www.bidacv.com/article_207199_e0c838a0dd9064b1d285b8823c55b8a7.pdf
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author Seyyed Edalatpanah
Nenad Komazec
Dragan Pamucar
author_facet Seyyed Edalatpanah
Nenad Komazec
Dragan Pamucar
author_sort Seyyed Edalatpanah
collection DOAJ
description Today, according to the development of the steel industry around the world, the variety of products has increased, and the products have certain complications. Due to the variety of products in this industry, the need to organize the production and manufacture of parts is felt, but the organization of the supply of raw materials, machinery, and human resources has many problems. Different supply chain networks have emerged to organize such cases, each with unique advantages and characteristics. One of the most important supply chain networks is the green supply chain network, which deals with environmental aspects in addition to economic aspects. In supply chain networks, pricing on products is very important in conditions of uncertainty, and its impact on all supply chain decisions is evident. So, by increasing or decreasing the amount of demand as well as the price of products, its effect on the amount of distribution, production, and supply is evident. Considering the importance of pricing in the closed-loop supply chain, this article discusses modeling a two-objective problem with green product strategies and pricing in the supply chain with non-deterministic maintenance costs. The goal is to maximize the profit of the entire supply chain network and maximize reliability by making the right decisions on location, routing, allocation, and inventory.
format Article
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institution Kabale University
issn 2783-4956
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language English
publishDate 2024-09-01
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series Big Data and Computing Visions
spelling doaj-art-844697e3d02d46b39745c063d6e19d492025-01-30T12:23:36ZengREA PressBig Data and Computing Visions2783-49562821-014X2024-09-014320121810.22105/bdcv.2024.482113.1209207199Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)Seyyed Edalatpanah0Nenad Komazec1Dragan Pamucar2Department of Applied Mathematics, Ayandegan Institute of Higher Education, Tonekabon, Iran.University of Defence in Belgrade, Belgrade, Serbia.Department of Operations Research and Statistics, Faculty of Organizational Sciences, University of Belgrade, Belgrade, Serbia.Today, according to the development of the steel industry around the world, the variety of products has increased, and the products have certain complications. Due to the variety of products in this industry, the need to organize the production and manufacture of parts is felt, but the organization of the supply of raw materials, machinery, and human resources has many problems. Different supply chain networks have emerged to organize such cases, each with unique advantages and characteristics. One of the most important supply chain networks is the green supply chain network, which deals with environmental aspects in addition to economic aspects. In supply chain networks, pricing on products is very important in conditions of uncertainty, and its impact on all supply chain decisions is evident. So, by increasing or decreasing the amount of demand as well as the price of products, its effect on the amount of distribution, production, and supply is evident. Considering the importance of pricing in the closed-loop supply chain, this article discusses modeling a two-objective problem with green product strategies and pricing in the supply chain with non-deterministic maintenance costs. The goal is to maximize the profit of the entire supply chain network and maximize reliability by making the right decisions on location, routing, allocation, and inventory.https://www.bidacv.com/article_207199_e0c838a0dd9064b1d285b8823c55b8a7.pdfclosed-loop supply chainreliabilitydual channel pricing
spellingShingle Seyyed Edalatpanah
Nenad Komazec
Dragan Pamucar
Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
Big Data and Computing Visions
closed-loop supply chain
reliability
dual channel pricing
title Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
title_full Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
title_fullStr Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
title_full_unstemmed Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
title_short Making two-channel pricing decisions in a multi-objective closed-loop supply chain network under uncertainty considering reliability (case study: steel industry)
title_sort making two channel pricing decisions in a multi objective closed loop supply chain network under uncertainty considering reliability case study steel industry
topic closed-loop supply chain
reliability
dual channel pricing
url https://www.bidacv.com/article_207199_e0c838a0dd9064b1d285b8823c55b8a7.pdf
work_keys_str_mv AT seyyededalatpanah makingtwochannelpricingdecisionsinamultiobjectiveclosedloopsupplychainnetworkunderuncertaintyconsideringreliabilitycasestudysteelindustry
AT nenadkomazec makingtwochannelpricingdecisionsinamultiobjectiveclosedloopsupplychainnetworkunderuncertaintyconsideringreliabilitycasestudysteelindustry
AT draganpamucar makingtwochannelpricingdecisionsinamultiobjectiveclosedloopsupplychainnetworkunderuncertaintyconsideringreliabilitycasestudysteelindustry