System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition

To face the reality of resources exhaustion, the significance of recycling and remanufacturing in the closed-loop chain has become quite evident. This paper constructs a competitive recycling and remanufacturing model of the closed-loop supply chain through a case study of Midea Corp. and Gree Corp....

Full description

Saved in:
Bibliographic Details
Main Authors: Shidi Miao, Deyun Chen, Tengfei Wang
Format: Article
Language:English
Published: Wiley 2017-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2017/8152365
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832562280799141888
author Shidi Miao
Deyun Chen
Tengfei Wang
author_facet Shidi Miao
Deyun Chen
Tengfei Wang
author_sort Shidi Miao
collection DOAJ
description To face the reality of resources exhaustion, the significance of recycling and remanufacturing in the closed-loop chain has become quite evident. This paper constructs a competitive recycling and remanufacturing model of the closed-loop supply chain through a case study of Midea Corp. and Gree Corp. and explores the impact of two recycling modes on total revenue of the supply chain and market share. The simulation results show that the total revenue of the supply chain will benefit from the increasing coverage points by the third party and the increasing environmental awareness of certain regions. The retailers show more enthusiasm of recycling through certain amendment of the contract between manufacturers and retailers. The time of payment could be shortened in closed loop. Moreover, the improvement of recycling mechanism of the retailers can enlarge the share of supply chain market. Guiding role of the proposed model and the simulation results played in establishing a better supply chain mode is presented.
format Article
id doaj-art-a60750c478684c689be5b5425d1f7aa3
institution Kabale University
issn 1026-0226
1607-887X
language English
publishDate 2017-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-a60750c478684c689be5b5425d1f7aa32025-02-03T01:23:06ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2017-01-01201710.1155/2017/81523658152365System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain CompetitionShidi Miao0Deyun Chen1Tengfei Wang2Computer Science and Technology Postdoctoral Programme, Harbin University of Science and Technology, Harbin 150080, ChinaComputer Science and Technology Postdoctoral Programme, Harbin University of Science and Technology, Harbin 150080, ChinaSchool of Computer Science and Technology, Harbin University of Science and Technology, Harbin 150080, ChinaTo face the reality of resources exhaustion, the significance of recycling and remanufacturing in the closed-loop chain has become quite evident. This paper constructs a competitive recycling and remanufacturing model of the closed-loop supply chain through a case study of Midea Corp. and Gree Corp. and explores the impact of two recycling modes on total revenue of the supply chain and market share. The simulation results show that the total revenue of the supply chain will benefit from the increasing coverage points by the third party and the increasing environmental awareness of certain regions. The retailers show more enthusiasm of recycling through certain amendment of the contract between manufacturers and retailers. The time of payment could be shortened in closed loop. Moreover, the improvement of recycling mechanism of the retailers can enlarge the share of supply chain market. Guiding role of the proposed model and the simulation results played in establishing a better supply chain mode is presented.http://dx.doi.org/10.1155/2017/8152365
spellingShingle Shidi Miao
Deyun Chen
Tengfei Wang
System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
Discrete Dynamics in Nature and Society
title System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
title_full System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
title_fullStr System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
title_full_unstemmed System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
title_short System Dynamics Modelling of Remanufacturing and Recycling Mode Based on Closed-Loop Across-Chain Competition
title_sort system dynamics modelling of remanufacturing and recycling mode based on closed loop across chain competition
url http://dx.doi.org/10.1155/2017/8152365
work_keys_str_mv AT shidimiao systemdynamicsmodellingofremanufacturingandrecyclingmodebasedonclosedloopacrosschaincompetition
AT deyunchen systemdynamicsmodellingofremanufacturingandrecyclingmodebasedonclosedloopacrosschaincompetition
AT tengfeiwang systemdynamicsmodellingofremanufacturingandrecyclingmodebasedonclosedloopacrosschaincompetition