Modelling and optimisation of a product recovery network

An appropriate logistics network is an important element of the infrastructure of any product recovery company. Small and medium enterprises (SMEs) constitute a major fraction of the product recovery industry with a different business objective and scale of operation from those of original equipment manufacturers. This paper addresses the network design issues for SMEs involved in product recovery activities. A mathematical formulation is presented in an SME context and a subsequent simulation model is developed. A genetic algorithm approach is presented for optimising the network for a single product scenario.