An Extension of Product Life Cycle in Closed-Loop Supply Chain Management System through Product Remanufacturing

ABSTRACT A manufacturing system has the capability of product manufacturing and remanufacturing activities to capture the value of the product life cycle after the use of it. The remanufacturing activity can extend the product life cycle after the use of it. The integration of product manufacturing and remanufacturing activities in an entire supply chain management system is known as a closed-loop supply chain network. In this paper, a closed-loop supply chain network model is designed with a single product that consists of a single plant, single demand market, single collection center and a single disposal center. The objective of this model is to minimize the total cost of the entire supply chain network. Some optimization techniques are applied in our model as a method of solution. Finally, the computational results are compared with the two optimization techniques. Keywords: Manufacturing activity, Remanufacturing activity, Closed-loop supply chain, Product life cycle.