End-of-Life Decision making in circular economy using generalized colored stochastic Petri nets

Circular economy enables to restore product value at the end of life i.e. when no longer used or damaged. Thus, the product life cycle is extended and this economy permits to reduce waste increase and resources rarefaction. There are several revaluation options (reuse, remanufacturing, recycling, …). So, decision makers need to assess these options to determine which is the best decision. Thus, we will present a study about an End-Of-Life (EoL) decision making which aims to facilitate the industrialization of circular economy. For this, it is essential to consider all variables and parameters impacting the decision of the product trajectory. A first part of the work proposes to identify the variables and parameters impacting the decision making. A second part proposes an assessment approach based on a modeling by Generalized Colored Stochastic Petri Net (GCSPN) and on a Monte-Carlo simulation. The approach developed is tested on an industrial example from the literature to analyze the efficiency and effectiveness of the model. This first application showed the feasibility of the approach, and also the limits of the GCSPN modelling.