Abstract
Sustainability development goals require decision-makers to incorporate social and environmental indicators in their economic models using innovative solutions, such as a sustainable circular economy. This paper presents an innovative integrated production and logistic model for a circular economy using multi-objective optimization. Empirical data includes a renewable energy supply chain. We assess the sustainability performance of the proposed decision-making model by simultaneously considering production and logistics costs, carbon emissions, and the number of jobs created. The case study is optimized with an exact method, and a hybrid machine-learning algorithm solves large-scale numerical examples. The paper's main contributions include movable manufacturers, uncertain parameters, a hybrid machine learning algorithm, and empirical data in the proposed decision-making model. The findings show that a moveable facility can substantially decrease total cost and carbon emissions. Sensitivity analysis shows that changes in moveable capacity and percent yield considerably impact the objectives. Findings show that decision-makers can achieve cost parity with fossil-based sources when employing circular supply chain management.
| Original language | English |
|---|---|
| Article number | 110541 |
| Journal | Computers and Industrial Engineering |
| Volume | 197 |
| Issue number | Issue |
| DOIs | |
| State | Published - Nov 1 2024 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 12 Responsible Consumption and Production
Keywords
- Circular economy
- Circular supply chain
- Hybrid machine-learning algorithm
- Sustainability
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