A comparative study of GA and PSO approach for cost optimisation in product recovery systems
A product recovery system is proposed to reduce the bulk of waste sent to landfills by retrieving materials and parts of obsolete products for using them in remanufacturing and recycling. Product recovery is a significant strategy for enhancing customer satisfaction with regard to environmental conc...
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Published in | International journal of production research Vol. 61; no. 4; pp. 1283 - 1297 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
London
Taylor & Francis
16.02.2023
Taylor & Francis LLC |
Subjects | |
Online Access | Get full text |
ISSN | 0020-7543 1366-588X |
DOI | 10.1080/00207543.2022.2035008 |
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Abstract | A product recovery system is proposed to reduce the bulk of waste sent to landfills by retrieving materials and parts of obsolete products for using them in remanufacturing and recycling. Product recovery is a significant strategy for enhancing customer satisfaction with regard to environmental concerns. Considering the fact that some products are returned, it becomes challenging to analyse whether to manufacture a new product or to rework the returned product at every step of the product recovery chain. Our approach uses a mixed integer linear programming model with the genetic algorithm and particle swarm optimisation, where two meta-heuristic algorithms are introduced for solving the MILP problem. Here, a recovery scenario is modelled, subject to the time and type of product to be processed. The study is intended to enhance the overall productivity of the product recovery chain. To demonstrate the approach, a case study is presented in the fast-moving consumer goods industry in which the proposed model demonstrates a reduction in the overall cost in the product recovery chain. |
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AbstractList | A product recovery system is proposed to reduce the bulk of waste sent to landfills by retrieving materials and parts of obsolete products for using them in remanufacturing and recycling. Product recovery is a significant strategy for enhancing customer satisfaction with regard to environmental concerns. Considering the fact that some products are returned, it becomes challenging to analyse whether to manufacture a new product or to rework the returned product at every step of the product recovery chain. Our approach uses a mixed integer linear programming model with the genetic algorithm and particle swarm optimisation, where two meta-heuristic algorithms are introduced for solving the MILP problem. Here, a recovery scenario is modelled, subject to the time and type of product to be processed. The study is intended to enhance the overall productivity of the product recovery chain. To demonstrate the approach, a case study is presented in the fast-moving consumer goods industry in which the proposed model demonstrates a reduction in the overall cost in the product recovery chain. |
Author | Madaan, Jitender Dalal, Mohit Dwivedi, Ashish Chan, Felix T. S. |
Author_xml | – sequence: 1 givenname: Ashish surname: Dwivedi fullname: Dwivedi, Ashish organization: O P Jindal Global University – sequence: 2 givenname: Jitender surname: Madaan fullname: Madaan, Jitender organization: Indian Institute of Technology Delhi – sequence: 3 givenname: Felix T. S. surname: Chan fullname: Chan, Felix T. S. email: felix1202.chan@connect.polyu.hk organization: Macau University of Science and Technology – sequence: 4 givenname: Mohit surname: Dalal fullname: Dalal, Mohit organization: Indian Institute of Technology Delhi |
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SubjectTerms | Chains Comparative studies Customer satisfaction Fast moving consumer goods (FMCG) genetic algorithm (GA) Genetic algorithms Heuristic methods Integer programming Linear programming Mixed integer mixed integer linear programming (MILP) Obsolescence particle swarm optimisation (PSO) Particle swarm optimization Product recovery system (PRS) Remanufacturing |
Title | A comparative study of GA and PSO approach for cost optimisation in product recovery systems |
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