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- W3035147325 abstract "In IoT (Internet of Things) environment, OEM (Original Equipment Manufacturer) can perceive and monitor the quality status of SEPs (sensor-embedded products) in a real-time way. In the paper, considering the characteristic of SEPs, an algorithm based on GA (genetic algorithm) is proposed for OEM to determine recycling and reselling prices of returned SEPs. A benchmark example is utilized to verify the effectiveness of the proposed algorithm. We find that OEM’s profit is positively related to the maximum amount of available SEPs and the demand on returned SEPs in the secondary market; however, they are negatively related to customers’ expected rewards. For the purpose of protecting environment, governments should subsidize OEM with insufficient production capacity but are regulated to handle their end-of-use SEPs." @default.
- W3035147325 created "2020-06-19" @default.
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- W3035147325 date "2020-01-01" @default.
- W3035147325 modified "2023-10-18" @default.
- W3035147325 title "Optimal Quality-Based Recycling and Reselling Prices of Returned SEPs in IoT Environment" @default.
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- W3035147325 doi "https://doi.org/10.1007/978-981-15-5925-9_8" @default.
- W3035147325 hasPublicationYear "2020" @default.
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