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Title Viable closed-loop supply chain network by considering robustness and risk as a circular economy
ID_Doc 29007
Authors Lotfi, R; Nazarpour, H; Gharehbaghi, A; Sarkhosh, SMH; Khanbaba, A
Title Viable closed-loop supply chain network by considering robustness and risk as a circular economy
Year 2022
Published Environmental Science And Pollution Research, 29.0, 46
DOI 10.1007/s11356-022-20713-0
Abstract The viable closed-loop supply chain network (VCLSCND) is a new concept that integrates sustainability, resiliency, and agility into a circular economy. We suggest a hybrid robust stochastic optimization by minimizing the weighted expected, maximum, and entropic value at risk (EVaR) of the cost function for this problem. This form considers robustness against demand disruption. Finally, CLSC components are located, and quantity flows are determined in the automotive industry. The results show that the VCLSCND cost is less than not considering viability and has a - 0.44% gap. We analyze essential parameters. By increasing the conservative coefficient, confidence level, and the scale of the main model, decreasing the allowed maximum energy, the cost function, time solution, and energy consumption grow. We suggested applying the Fix-and-Optimize algorithm for producing an upper bound for large-scale. As can be seen, the gap between this algorithm and the main problem for cost, energy, and time solution is approximately 6.10%, - 8.28%, and 75.01%.
Author Keywords Viable; Closed-loop supply chain; Eco-energy; Risk; Robustness
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000797784100016
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
PDF https://link.springer.com/content/pdf/10.1007/s11356-022-20713-0.pdf
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