Strategy Analysis of Closed Loop Supply Chain for Scrapped Medical Equipment Based on Hybrid Recycling Model


Article Preview

The decision models of closed loop supply chain for scrapped medical equipment that is composed of one medical equipment manufacturer and one medical equipment retailer with product remanufacturing under hybrid recycle strategy was built. The whole-sale price and transfer recycling price were considered as the decision-making variables of the medical equipment manufacturer, and the recycling price as the decision-making variable of the party undertaking the recycling effort. The optimal pricing and the optimal profit were obtained and the optimal decisions of the manufacturer were analyzed on the further. And the profits of medical equipment manufacturer, retailer and the total supply chain are also discussed under different scenario.



Advanced Materials Research (Volumes 219-220)

Edited by:

Helen Zhang, Gang Shen and David Jin




L. Shi and X. Ma, "Strategy Analysis of Closed Loop Supply Chain for Scrapped Medical Equipment Based on Hybrid Recycling Model", Advanced Materials Research, Vols. 219-220, pp. 722-726, 2011

Online since:

March 2011





[1] N.N. Yan: Research on closed loop supply chain models and coordination based on scrap steel recycling, Journal of Industrial Engineering/Engineering Management, vol.23(2009),pp.158-162.

[2] Y. Zhuang: Research on process design of closed loop supply chain, Consume Guide, vol.13(2009), p.209.

[3] E.D. Lann: An NPV and AC analysis of a stochastic inventory system with joint manufacturing and remanufacturing." International Journal of Production Economics , vol. 81-82(2003) , pp.317-331.


[4] R.C. Savaskan: Closed loop supply chain models with product remanufacturing. Management Science, vol.50(2004), pp.239-252.


[5] J. Nunen: Enabled closed loop supply chains. California Management Review, vol.46 (2004),p.40~54.