Optimizing closed-loop supply chain design with multi-objective demand fulfillment in a fuzzy environment using novel metaheuristic algorithm

Abstract

Establishing a closed-loop system that could facilitate the reusing, renovation, and recycling of the various garbage products generated by this business could prove significant value to the particular business chains involved. A system of shipping that is mindful of the surroundings and takes accountability regarding all the relevant money, sustainable, and societal concerns. The sustainability Closed-Loop Supply-Chain Networks (CLSCN) architecture and the marketplace are brought together in the present article, which serves as the study’s primary part in the body of knowledge. As a result, an optimization with multiple objectives paradigm has been offered to arrive at their choices regarding position, allocations, and stock in relation to the challenge under consideration. The goals of the optimized model, derived from the triple bottom line strategy, are aimed at lowering overall expenditure and emissions of CO2 as much as possible while increasing the number of employment possibilities. In this study, we have proposed Hybrid electromagnetism with a genetic algorithm (HEGA) and compare our proposal with the existing methods. The obtained results show that the proposed model integrated with HEGA gives significant improvements with significant outcomes in terms of sensitivity (97% ), specificity (95% ), transportation cost (30% ), and computational time (5.3s). This knowledge serves as a driving force behind the development of CLSN in the sector to establish a viable and affordable approach.