An integrated System Dynamics model for Closed Loop Supply Chains under disaster effects: The case of COVID-19.

ABSTRACT: For a Closed Loop Supply Chain (CLSC), disaster is a risk source of unknown-unknowns, which may result in production disruptions with significant consequences on -but not limited to-profitability. For this reason, we provide a System Dynamics (SD)-based analysis for disaster events on the operation of CLSCs in order to study the system response (production/collection/disassembly/remanufacturing/recycling rates, inventories, cost, profit). This response is examined through the dynamics at a manufacturer, parts producer, collector, and disassembly center level, by providing control mechanisms for resilient CLSCs under disaster effects. In this dynamic analysis, COVID-19 is treated as a disaster event. Five different business scenario settings are presented for the manufacturer, which are con

SUBMITTER: Katsoras E 

PROVIDER: S-EPMC9375857 | biostudies-literature | 2022 Nov

REPOSITORIES: biostudies-literature