“…Figure 2: Product Recovery Operations in a CE A CE offers the opportunity to combine monetary benefits arising from cost reduction, revenue generation, customer retention, and value addition while at the same time practicing environmental stewardship and bringing about societal improvements (Shankar et al, 2018;Joshi and Gupta, 2019). Previous research in the CE domain has focused on various aspects, including: the implications of adopting CE business models (De Sousa Jabbour et al, 2019); third-party remanufacturing (Farhani et al, 2019); lot-sizing (Marshall and Archibald, 2018); network design (Srivastava, 2008); reverse logistics providers (Choudhary et al, 2014); inventory management (García-Alvarado); dismantling sequence (Cong et al, 2017); information management (Toyasaki et al, 2013); and the relationship between a CE and sustainability (Geissdoerfer et al, 2017;Millar et al, 2019). Despite the substantial amount of literature on the concept of a CE, studies focusing on recovery decision-making are still in their infancy.…”