Optimal Quality-Based Recycling and Reselling Prices of Returned SEPs in IoT Environment

  • Siyu Zong
  • Sijie LiEmail author
  • You Shang
Conference paper
Part of the Smart Innovation, Systems and Technologies book series (SIST, volume 193)


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.


Internet of Things Quality Pricing SEPs 


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Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  1. 1.School of Economics and ManagementSoutheast UniversityNanjingChina

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