A Production Inventory Model for Deteriorating Items with Collaborative Preservation Technology Investment Under Carbon Tax

Shen, Yu-Jan; Shen, Kuan-Fu; Yang, Chih-Te

doi:10.3390/su11185027

Cited by 51 publications

(28 citation statements)

References 43 publications

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“…Xu et al [27] further discussed inventory models for deteriorating items with the inventory-dependent consumption rate and investigated the effect of carbon emission regulations on inventory performances. From the perspective of supply chain integration, Shen et al [28] explored a production inventory issue for deteriorating items with collaborative preservation technology investment under a carbon tax policy. Additionally to providing inventory models for studying the replenishment policy of deteriorating items, this paper will also focus on two carbon emission regulations, i.e., the carbon cap policy and the cap and trade policy, as well as the comparison of optimality among the proposed models.…”

Section: Literature Reviewmentioning

confidence: 99%

Optimal Inventory Control Strategies for Deteriorating Items with a General Time-Varying Demand under Carbon Emission Regulations

Liu

et al. 2020

Energies

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Climate warming nowadays has caused people to increasingly enhance public awareness about carbon emissions from industries. In the storing industry, inventory management for deteriorating items is crucial in the business competition. To slow down the deterioration and ensure the quality of products, the items are usually stored in certain temperature-controlled environment. However, a lot of carbon emissions of the inventory system are caused by these warehousing activities. In a finite panning period, this paper studies a continuous review inventory system and proposes inventory models to analyze the impacts of carbon emissions on inventory system for deteriorating items with a general time-varying demand, in which shortages are allowed, and the customer demand during shortage period is partially backlogged till the next replenishment. Under carbon emission regulations, the existence and uniqueness of the optimal solution to each model is explored and comparisons of optimality among the proposed models are given. Numerical examples and robust analysis of the models are presented to illustrate the applicability in practice. Some management insights about inventory policies and emission reduction strategies are obtained.

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Section: Literature Reviewmentioning

confidence: 99%

Optimal Inventory Control Strategies for Deteriorating Items with a General Time-Varying Demand under Carbon Emission Regulations

Liu

et al. 2020

Energies

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“…In other words, the proportion of capital investment in carbon emission reduction technologies by the buyer and vendor α and 1 − α, respectively, in which 0 ≤ α ≤ 1. (7) Neither the vendor nor the buyer will allow any shortage [38,39].…”

Section: Symbols and Assumptionsmentioning

confidence: 99%

Sustainable Production–Inventory Model in Technical Cooperation on Investment to Reduce Carbon Emissions

Pan

Chiu

et al. 2020

Processes

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Carbon cap-and-trade and carbon offsets are common and important carbon emission reduction policies in many countries. In addition, carbon emissions from business activities can be effectively reduced through specific capital investments in green technologies. Nevertheless, such capital investments are costly and not all enterprises can afford these investments. Therefore, if all members of a supply chain agree to share the investments in the facilities, the supply chain can reduce carbon emissions and generate more profit. Under carbon cap-and-trade and carbon tax policies, this study proposes a production–inventory model in which the buyer and vendor in the integrated supply chain agree to co-invest funds to reduce carbon emissions. We planned to integrate production, delivery, replenishment, and technology to reduce carbon emissions so as to maximize the total profit of the supply chain system. Several examples are simulated and the sensitivity analysis of the main parameters is carried out. The optimal solutions and joint total profit under various carbon emission policies are also compared. The future carbon emission control trend is expected to enable companies to share risks by co-investing and developing sustainable supply chains.

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“…(4) The retailer orders numerous size Q units and allows the manufacturer to divide the order into n consignments (Shen et al [21], Lu et al [47]). Because the finished products the manufacturer produced contain defective products at a rate of  , the manufacturer may ship…”

Section: Notation and Assumptionsmentioning

confidence: 99%

“…Freezing and vacuum technology can remove moisture from food, pharmaceuticals, or agricultural products, thereby reducing humidity to enable long-term storage at room temperature (Shen et al [21]). In summary, deterioration rate can be slowed using facilities equipped with preservation technology or maintaining proper environmental conditions.…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Multistage supply chain production–inventory model with collaborative preservation technology investment

Chang

Yang

2020

Scientia Iranica

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This paper investigates a multistage production-inventory model for deteriorating items, including raw materials and finished goods based on collaborative preservation technology investment. The major purpose is to determine the optimal materials supply, production delivery, replenishment and investment policies for the retailer and manufacturer in which the joint total profit of the integrated system is maximized. It uses mathematical programming analysis to ascertain the optimal solutions for the retailer and manufacturer. Furthermore, several numerical examples are presented to demonstrate solution process and verify the concavity of the proposed model. Sensitivity analyses with respect to major parameters are also performed. The numerical results show that market demand, fixed shipping cost, production rate, manufacturer's sales price and holding cost of finished good may affect the optimal number of shipments. In addition, when collaborative preservation technology investment becomes an option, the effect of the deterioration rate on the shipping and ordering quantity will be reduced by investing in improving deterioration of raw material or finished good. Finally, the increase in the amount of raw materials used to produce a finished product implies the amount of finished goods produced by the original material is reduced, so the collaborative preservation technology investment will be increased.

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A Production Inventory Model for Deteriorating Items with Collaborative Preservation Technology Investment Under Carbon Tax

Cited by 51 publications

References 43 publications

Optimal Inventory Control Strategies for Deteriorating Items with a General Time-Varying Demand under Carbon Emission Regulations

Optimal Inventory Control Strategies for Deteriorating Items with a General Time-Varying Demand under Carbon Emission Regulations

Sustainable Production–Inventory Model in Technical Cooperation on Investment to Reduce Carbon Emissions

Multistage supply chain production–inventory model with collaborative preservation technology investment

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