Remanufacturing Capacity Planning Strategy for Multigeneration Television Products in Closed Loop Supply Chain: A Causal Loop Modeling with Initial Result

Abstract

Capacity planning being an issue when companies implement a closed loop supply chain strategy to reduce production costs. Market influence on product demand patterns changes the company's perspective in planning remanufacturing capacity strategies such as when and how to do when the phenomenon of technology transition occurs by diffusion of innovation and substitution of old generation products to the new generation. The purpose of this study is to explain how the behaviour of closed loop supply chain systems is influenced by product technology transitions and determine capacity strategy planning to achieve cost efficiency.