Making Decision for Sustainable Product Lifecycle: A Markov Decision Process Based Method
As energy, resource and environmental issues become more and more serious, sustainable product attracts increasing attention. Products with short lifecycle, such as consumer electronics, gain particular concern. Authors formulate a sustainable product lifecycle evolution method based on Markov decision process. It was validated by an example that the method can select suitable phases at which company should invest money and resources.
Dongye Sun, Wen-Pei Sung and Ran Chen
J. F. Wang et al., "Making Decision for Sustainable Product Lifecycle: A Markov Decision Process Based Method", Applied Mechanics and Materials, Vols. 121-126, pp. 2080-2084, 2012