Optimizing Circular Economy Planning and Risk Analysis Using System Dynamics

Jiuping Xu · Xiaofei Li · Desheng Dash Wu

32 citations0/0 files storedHuman and Ecological Risk Assessment An International Journal

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Complex Systems and Decision Making Sustainable Supply Chain Management Sustainable Industrial Ecology

Abstract

This article develops a systems dynamics and multi-objective programming model (SDMOP) for planning a regional circular economy. Various risk analyses are conducted using the technique of sensitivity analysis. This SDMOP model includes two modules: the MOP module used to derive optimized parameters as inputs to the systems dynamics model, and the systems dynamics module used to plan the regional circular economy. We demonstrate the application of this SDMOP model to a problem of planning the circular economy of a county in the Sichuan Province of China.

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2000Business Dynamics: Systems Thinking and Modeling for a Complex World 2004A system dynamics modeling framework for the strategic supply chain management of food chains 2007Performance evaluation: An integrated method using data envelopment analysis and fuzzy preference relations 1992Slicing a complex problem for system dynamics modeling

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