A hybrid approach for performance evaluation and optimized selection of recoverable end-of-life products in the reverse supply chain

Kai Meng, Peihuang Lou, Richard Peng, Victor Prybutok

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

Performance evaluation and selection of end-of-life products have emerged as crucial issues for firms looking to adopt a product recovery strategy to achieve environmental responsibility while still meeting profit goals within the reverse supply chain. However, there is still a lack of a comprehensive methodology to address the issues because of the variety of decision factors involved and the inherent uncertainties associated with them. This research proposes and investigates a multiphase hybrid approach to identify the recoverable products that best meet the criteria set (such as technical feasibility, economic benefit, and environmental effect). The proposed method simultaneously considers multiple and conflicting goals, practical constraints, and information uncertainty. First, fuzzy logic and probability theory are utilized to estimate the quality condition of used products and subsequently conduct the cost-benefit analysis based on the product life-cycle information. Then, the modified preference ranking organization method for enrichment evaluations is used as a multi-criteria decision-making tool to quantify and aggregate the linguistic evaluation items into recovery preference factors. Further, all the qualitative and quantitative data are incorporated in a goal programming model to achieve a compromise and satisfied solution. We present a numerical example to illustrate the effectiveness and superiority of the proposed approach. The results indicate that the proposed approach can provide strong and flexible support for product recovery decision-making within the reverse supply chain.

Original languageEnglish (US)
Pages (from-to)171-184
Number of pages14
JournalComputers and Industrial Engineering
Volume98
DOIs
StatePublished - Aug 1 2016

Fingerprint

Supply chains
Recovery
Decision making
Cost benefit analysis
Linguistics
Fuzzy logic
Environmental impact
Life cycle
Profitability
Economics
Uncertainty

All Science Journal Classification (ASJC) codes

  • Computer Science(all)
  • Engineering(all)

Cite this

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A hybrid approach for performance evaluation and optimized selection of recoverable end-of-life products in the reverse supply chain. / Meng, Kai; Lou, Peihuang; Peng, Richard; Prybutok, Victor.

In: Computers and Industrial Engineering, Vol. 98, 01.08.2016, p. 171-184.

Research output: Contribution to journalArticle

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