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Improving the Economic Performance of Remanufacturing Systems through Flexible Design Strategies: A Case Study Based on Remanufacturing Laptop Computers for the Cambodian Market

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  • Jonathan Sze Choong Low
  • Yen Ting Ng

Abstract

Although numerous studies have highlighted the contributions of remanufacturing to sustainable development and the circular economy, the decision for a company to take up this strategy is riddled with uncertainties, especially when significant capital investment is involved. To improve the economic performance of a remanufacturing system in the face of uncertainties, we propose a methodological framework for flexible design of remanufacturing systems. Its application is demonstrated using a case study based on remanufacturing laptop computers for the Cambodian market. Through the case study, we show how one can explore the opportunity of setting up a remanufacturing system, study its economic feasibility and design flexible strategies to improve its economic performance in the face of uncertainties. More interestingly, we demonstrate how Monte Carlo simulation can be used to evaluate the effectiveness of different flexible design strategies in dealing with the uncertainties. Copyright © 2018 John Wiley & Sons, Ltd and ERP Environment

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  • Jonathan Sze Choong Low & Yen Ting Ng, 2018. "Improving the Economic Performance of Remanufacturing Systems through Flexible Design Strategies: A Case Study Based on Remanufacturing Laptop Computers for the Cambodian Market," Business Strategy and the Environment, Wiley Blackwell, vol. 27(4), pages 503-527, May.
    • Handle: RePEc:bla:bstrat:v:27:y:2018:i:4:p:503-527
    DOI: 10.1002/bse.2017
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    References listed on IDEAS

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    Cited by:

    1. Gyanendra Singh Sisodia & Einas Awad & Heba Alkhoja & Bruno S. Sergi, 2020. "Strategic business risk evaluation for sustainable energy investment and stakeholder engagement: A proposal for energy policy development in the Middle East through Khalifa funding and land subsidies," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2789-2802, September.
    2. Navid Zarbakhshnia & Kannan Govindan & Devika Kannan & Mark Goh, 2023. "Outsourcing logistics operations in circular economy towards to sustainable development goals," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 134-162, January.
    3. Antonella Zucchella & Pietro Previtali, 2019. "Circular business models for sustainable development: A “waste is food” restorative ecosystem," Business Strategy and the Environment, Wiley Blackwell, vol. 28(2), pages 274-285, February.
    4. Mattos, Claudia A. & Scur, Gabriela & Albuquerque, Thiago L.M., 2022. "Evaluation of circular business model: Theory of Change approach," Evaluation and Program Planning, Elsevier, vol. 92(C).
    5. Regina Frei & Lisa Jack & Sally‐Ann Krzyzaniak, 2020. "Sustainable reverse supply chains and circular economy in multichannel retail returns," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1925-1940, July.
    6. Johan Vogt Duberg & Jelena Kurilova‐Palisaitiene & Erik Sundin, 2023. "5‐step approach for initiating remanufacturing (5AFIR)," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4360-4370, November.
    7. Shanyong Wang & Jing Wang & Feng Yang & Yu Wang & Jun Li, 2018. "Consumer familiarity, ambiguity tolerance, and purchase behavior toward remanufactured products: The implications for remanufacturers," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1741-1750, December.

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