Abstract

In modern times, customers are increasingly aware of the environmental risks posed by the premature expiration of smart products. To safeguard the environment, companies have embraced green technology when procuring products. As a result, it is challenging for business managers to capture the market by offering the best quality products at a reasonable price, regardless of the economic situation. This paper presents a production model incorporating reverse logistics to identify defective products. The model involves learning through production and utilizes green technologies. Additionally, a portion of the assembled products is remanufactured after being received from consumers. The remanufactured items are screened and distributed to markets. Both new and remanufactured products are sold to the market based on their quality in the first and second markets, respectively. To reduce product spoilage, manufacturers employ green technology like liquid cooling technology. The numerical results demonstrate that by investing in liquid cooling technology, the production store can reduce spoilage items by 8.50%, a positive environmental outcome regarding waste reduction, and due to the learning effect, the total cost can decrease by 1.44%. The paper includes numerical and sensitivity analyses accompanied by graphs.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.