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Title An Optimum Sustainable Inventory Model for Non-Instantaneous Deterioration and Quality Assessment Under Carbon Emissions and Complete Backordering Shortage
ID_Doc 70869
Authors Mishra, RK; Mishra, VK
Title An Optimum Sustainable Inventory Model for Non-Instantaneous Deterioration and Quality Assessment Under Carbon Emissions and Complete Backordering Shortage
Year 2022
Published Arabian Journal For Science And Engineering, 47.0, 3
DOI 10.1007/s13369-021-06402-z
Abstract Nowadays, some countries have concentrated on curbing carbon emissions because carbon emissions are the key factor for global warming. So, during developing the inventory model, consideration of carbon emission has become essential. In the modern competitive and transparent businesses era, maintaining the quality of products as well as environmental performance is emerging concerns. Therefore, many retailers/buyers segregate perfect quality products from defective quality, ones to ensure product quality, and they endeavor to attain the emission of carbon dioxide reduction through sustainable inventory planning. Here, carbon emissions are considered due to transportation, warehousing, and deterioration. This article addresses an optimum sustainable inventory model for maximizing the profit with non-instantaneous deteriorating and defective quality products under carbon emissions and complete backordering shortage. In this model, the expected total profit and expected total carbon emissions are derived. A solution methodology has been provided to obtain jointly optimal strategies of inventory cycle time, time of depleting inventory, ordering quantity, and backordering quantity. Finally, a numerical experiment and sensitivity analysis with managerial implications are provided to illustrate the theory. The findings suggested that the proposed model is preferable both in terms of the expected total profit and the emissions reductions.
Author Keywords Optimum sustainable inventory model; Non-instantaneous deterioration; Defective quality products; Screening rate; Shortage; Carbon emissions
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000741626700003
WoS Category Multidisciplinary Sciences
Research Area Science & Technology - Other Topics
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