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Developing a Circular Economy Model by Considering Take-Back Policy, Degree of Innovation, and Market Segmentation with Wolfram Mathematica Cloud Computing
| International Journal of Computer Applications |
| Foundation of Computer Science (FCS), NY, USA |
| Volume 185 - Number 49 |
| Year of Publication: 2023 |
| Authors: Joni Maulindar, Nugroho Arif Sudibyo, Nughthoh Arfawi Kurdhi |
10.5120/ijca2023923328
|
Joni Maulindar, Nugroho Arif Sudibyo, Nughthoh Arfawi Kurdhi . Developing a Circular Economy Model by Considering Take-Back Policy, Degree of Innovation, and Market Segmentation with Wolfram Mathematica Cloud Computing. International Journal of Computer Applications. 185, 49 ( Dec 2023), 53-57. DOI=10.5120/ijca2023923328
Abstract
According to Bappenas, the problem of electronic waste can be seen as a potential by utilizing supply chain circularity through a refurbishing program that aims to regulate consumption and production patterns sustainably. This research develops several refurbishing models in a circular economy by considering eco-design, distribution channels (manufacturers, retailers, third-party, offline stores, marketplace platforms), and consumer behavior (high-end customers, low-end customers). Based on the existing problems, it is necessary to develop a refurbishing model by considering eco-design, marketing channels, and consumer behavior. This research aims to construct a refurbishing model in a circular economy by considering take-back policies, degree of innovation, and market segmentation. Then determine the optimal solution (policy) from the model. After that, how to apply the model through numerical simulation and sensitivity analysis to see the system behavior.
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